InvestorsHub Logo
Followers 37
Posts 7059
Boards Moderated 1
Alias Born 09/06/2014

Re: JustGoDeep post# 327551

Wednesday, 03/13/2024 6:11:42 PM

Wednesday, March 13, 2024 6:11:42 PM

Post# of 330578
By your logic, if a company had 1000 shares outstanding, each worth $7,500, investors would consider that stock to be identical to the stock of a company with 25 billion shares outstanding, each worth .0003

I understand why you want to say that BIEL's bloated share structure isn't a negative. That is such remarkable bullshit though.

Unless you actually believe this nonsense. It boggles the mind that anyone could be so ignorant about investor sentiment and the mechanics of the stock market that they could BELIEVE that. But it's possible, I suppose.

When they do the reverse split, your theory is going to be put to the test, isn't it? You think the PPS will hold after a reverse split because you think this company, with no protected intellectual property and $250,000 gross revenues COMBINED in the last three reported quarters and $16 million debt as last reported, is actually worth <ahem> $7.5 million dollars.

Okaaaaaay