InvestorsHub Logo
Followers 3
Posts 111
Boards Moderated 0
Alias Born 12/26/2018

Re: capri28 post# 728

Wednesday, 02/20/2019 10:08:56 PM

Wednesday, February 20, 2019 10:08:56 PM

Post# of 919
Story board pretty, but

REVENUES to justify the market cap ?

Products when you compare to competition seems extremely high, this is perhaps why the Company was offering huge discounts to buy, last I looked buy one get 2 free, to that effect.

These penny stocks all come back to earth once they reach their market cap potentials unless revenues justify all.

Growth stories of all these penny stocks talk about the size the mass potential markets.

What us scary is no one on this board can state what their revenues are ? When those hundred of millions of restricted stock that was issued cone to market and free up ?

The Company or parties related have no choice but to see their stock price go up because when the restricted shares free up into the market then strong possibility those shareholders will be selling.

What you can do as well is check out the average shares that trade per day, then multiply it by 20 days , then by 12 months.

That should give you average shares that trade per year. Now with the hundreds of millions of shares that will free up the market will be overwhelmed with shares in the float , thus do much selling pressure could occur. All logical and could be a gigantic ouch