Thursday, February 08, 2018 7:16:09 PM
https://www.otcmarkets.com/stock/ANDI/profile
Market cap is always changing.
outstanding shares 2,621,794,450 X Price Per Share (PPS)
so today's close at .0244 the market cap for $Andi is
$63,971,784
If ANDI makes 100m this year lets try to see how rich we will be holding. I try to put a value on $ANDI (its still a Pink Sheet) without any audited financials so it is hard. But lets say they make 100m this year and next year 200m... (and its trading 10-15 times earnings)
maybe you can value them at 1-5 billion.
So lets value ANDI at 5 billion in one year. this is being very generous.
5,000,000,000 divided by number of outstanding shares 2,621,794,450= $1.90 PPS
So if you buy 500,000 shares of Andi you can possibly make $950,000 next year. So if you invested $5k at .01 you have your 500,000 shares.
I don't like risking $5k in pink sheets without earnings. If I do i flip it as soon as i can to lock in a profit and only risk the profit buying dips.
I don't day trade in the true sense because of the PDT rule. You cannot buy and sell a stock in the same day 4 or more times in 5 days. I save my days trades to cut losses early.
Yes i want to be very rich but i am not greedy and don't expect 1 buy and hold trade to get me there.
Good luck
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