Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,816.89
(
-0.11%
)
US TECH 100
24,499.60
(
0.38%
)
Dow Jones
47,916.57
(
-0.56%
)
Brent Oil
92.41
(
0.00%
)
Bitcoin
72,755.20
(
-0.31%
)
News Focus
News Focus
Post# of 5891
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

dtboatguy

Send PM Follow Ignore
Followers 3
Posts 129
Boards Moderated 0
Alias Born 12/19/2020

dtboatguy

Re: ZetaReticuli post# 1497

Thursday, 12/15/2022 11:31:56 AM

Thursday, December 15, 2022 11:31:56 AM

Post# of 5891
But…

The float will remain microscopic. As news comes out, there won’t be many, if any shares for sale. This is how things could get crazy.

Even adding the converted preferred shares to the OS will leave a manageable amount of OS.

Yes, it will make the MC go up by 36x. But, MC has little to do with the company’s actual value on a daily basis. You don’t have to look at many tickers to see that.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today