InvestorsHub Logo
Followers 6
Posts 1139
Boards Moderated 0
Alias Born 05/03/2011

Re: StealthTurtle post# 65

Thursday, 12/05/2019 5:19:52 PM

Thursday, December 05, 2019 5:19:52 PM

Post# of 151
As for the share structure, it is what it is.

I don't think the new CEO and Chairman are going to be selling their shares anytime soon, they don't seem like the quick buck type. I could be wrong though. They hold about 1 billion of those shares. Kinda hard to unload that many anyway in thinly traded stock.

Most of my calculations I use for figuring cash per share, book value, etc., I don't figure in their shares, I go on the original 23 million. But to humor myself I add theirs in on occassion.

Float is ok at 22 mil. I don't know if the new guys shares are restricted or not.

I'm hoping they come out with a new product or two in 2020. That will really help juice the financials and hopefully the share price as well.

I'll let you know if I hear anything back from the company regarding the questions i sent.

Rule #1 is never lose money.

Rule #2 is never forget Rule #1.


My posts are my opinions only. Do you your own due diligence.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MDWT News