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Re: bobby1151 post# 113978

Friday, 10/06/2017 3:02:34 PM

Friday, October 06, 2017 3:02:34 PM

Post# of 330315
Here is why he is wrong. Share count does matter, big time. In its simplest form the stock market is supply and demand.

Let's say the share price is $0.01/share...When there are 2,000 shares available at $0.01 it will cost someone (or multiple people) $20 to move the needle - aka buy the shares and move the price to the next block of available shares. If there are 2,000,000 shares available at $0.01 it will cost someone (or multiple people) $20,000 to move the needle... big difference. Especially down here in the stinky pinks.

Unfortunately for BIEL that 2,000,000 is more like 20,000,000,000 and growing. Fast.