Saturday, September 17, 2022 6:44:38 PM
Market cap is always claimed to be meaningless when trying to defend a price that would make an outlandish value as a result.
And contrarily, a low market cap is very frequently touted as a reason to buy into something because it's, you know, "undervalued!"
It can't be both meaningless as well as super important, just depending on the situation.
OTCM has it as the first item for a reason.
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