InvestorsHub Logo
Post# of 200708
Next 10
Followers 91
Posts 28926
Boards Moderated 2
Alias Born 04/19/2013

Re: None

Friday, 09/23/2022 9:53:33 AM

Friday, September 23, 2022 9:53:33 AM

Post# of 200708
In a bad market these dink, little junk stocks will take it on the chin

Look at PCT with a market cap around $5m, and thats not even counting the 100's of millions more shares fully diluted

Who the heck would spend $5m to buy this company with $892 in the bank, a growthless puny $1.2m annual revs, a stockholder deficit of about $4m which is truly underestimated, and losing $$ for years

Well, thats what any buyers are doing now, paying a $5m valuation with every share purchased

Sounds insane