Sunday, May 21, 2017 11:15:49 AM
2. You have zero idea if they are profitable.
3. (You can bet they are far from it)
4. The price of a stock tells you NOTHING if you don't consider the Outstanding share count. STOCK 101. A stock is not "cheap" or undervalued just because it's share price is pennies.
5. A market cap of over $100 million dollars is just a silly made up number to base this little two man company on.
THERE IS NO KNOWN INFORMATION ABOUT THE FINANCIAL STATE OF THIS BUSINESS TO BASE ANY STOCK PRICE OR MARKET CAP ON.
YOU MAY as well say this stock will go to $1.00 and is a
$2.5 BILLION company.......
That is just as made up as any other number.
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