InvestorsHub Logo
Followers 5
Posts 386
Boards Moderated 0
Alias Born 04/19/2019

Re: Axolotl post# 112020

Tuesday, 08/27/2019 8:07:00 PM

Tuesday, August 27, 2019 8:07:00 PM

Post# of 186029
That’s not always true about outstanding shares. There are quite a few stocks with similar share structures that did or are doing just fine (Home Depot has over a billion shares outstanding). If the share count was lower the price would be higher but you'd have less shares. It’s more about volume. If this starts seeing 20-30 million shares traded daily it will fly.