Helios and Matheson Analytics Inc (HMNY)

[BobDoleYahoo]

In August of 2017, there were less than 10 million shares outstanding.

In April of 2018, there were 53 million shares outstanding. That alone devalues a stock price. 10/53 = 18.87% of its original value

In middle June, there were about 227 million shares outstanding. Again, even 53/227 = worth just 23.35% of what it was worth in April.

The only reason they stopped diluting is because they are out of shares to dilute with. That's why they are voting for the 5 billion shares to be authorized.

53 million / 1,000 (1 billion = 1,000 million) = 5.3% of what it was worth in April.

If April was worth about $3, then when (not if) they dilute the eyeballs out of shareholders and are at 1 billion shares outstanding, the stock would be worth only 15.9 cents. The problem is that the market is forward-looking, so you will be seeing like 1-5 pennies by then, or worse.

So, how high will it go? That's the wrong question to ask. The real question you should be asking is: How low can this thing go?

The answer, check out what's happened to DCTH.