Century Petroleum Corp (CYPE)

[stervc]

i_like_bb_stock, with that thought...

That's very true, but eventually the "rubber will have to meet the mat" with where a stock is fundamentally valued. The Outstanding Shares (OS) is the variable that is used as the key denominator to assess the fundamental valuation of a stock because it is used to derive an Earnings Per Share (EPS) to multiply with a Price to Earnings (P/E) Ratio for its particular Industry to determine where a stock should trade.

This is why the size of the OS is much more important than the size of the Float for valuation purposes.

That was the main reasons why I was saying that CYPE is far better with an OS of 271,857,024 shares as compared to WSML who has an OS of 10,861,000,000 shares.

WSML would need to generate 35 times greater the amount of Net Income just to be on the same level as CYPE.

Also, with an OS that high, WSBL can still move with having a low float, but the risk of dilution is far greater than what exists over here with CYPE in my opinion.

v/r
Sterling