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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.43
(
-0.09%
)
Bitcoin
55,633.89
(
-0.38%
)
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MallenNV

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MallenNV

Re: pistol2 post# 51670

Wednesday, 06/30/2021 2:57:47 PM

Wednesday, June 30, 2021 2:57:47 PM

Post# of 53178
Market cap means nothing to a stocks value, the market cap is just the share price x the issued. when the market cap is that low $16mm on 6 billion shares is not a good thing.

$16,000,000 is not money and has no value and does not exist other then on a calculator. You cant access it or spend it.

It means nothing because it does not exist.

What a market cap can do is show you how much money investors are losing.
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