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Re: spencer_has_arrived post# 8654

Thursday, 02/15/2007 11:04:31 AM

Thursday, February 15, 2007 11:04:31 AM

Post# of 143048
A keep saying, it is not the a/s, it is the market cap you should be looking at.

Sure, it would be great if they lowered the a/s, since I already have a nice position. But smart money do not concern themselves about a/s. They do look at float to get ideal of liquidity (float is around 2.8bil, I believe). But in general, look at the company valuation and compare that to their existing business, and the new stuff coming online.

My Target $15mil market cap by June. That gives them enough time to go through Forex Beta test, and then launch production version.
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