Monday, February 10, 2020 12:36:04 PM
Market Cap is what investors think the company is worth. Company Value is the combination of all its assets minus its liabilities. The company can start showing income and it the dept keeps increasing then shareholders and investors may decide that the Market Cap is too high or too low. In which case they may not buy at a higher price or may sell at a lower price. (Share price x outstanding shares = market cap).
That being said; NNRX’s stock seams to be poised to go higher when news of selling products again as well as there selling of Hemp by products, which should cause the pps to go up. When income starts to be larger than expenses that is when we will make a large move up (company showing a profit). Speculating in a company’s future value is what causes pps to go up and for the company to start showing income should cause speculators to buy which in turn should increase the pps. How high it will go without showing a profit is anyone’s guess.
Myself depending on great news/PR's are, along with the company showing income on all fronts, I think we should break a dime or better by years end. If things really click, just look where the other well known Hemp companies are trading at now and expected to trade at in the future, that are showing income and profits.
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM