Reality Racing Inc (RRGI)

[Lastdeal]

Maybe somebody should explain something to the novices on this board (looks like all qualify). The show is worth a couple million bucks. Spike TV, cheesy amateur shows, no sponsors, operating at a loss. I am being overly generous with the couple million. There are over 154 million shares outstanding with 400 million authorized. Its like monopoly money. In my opinion they will eventually issue all of the 400 million shares or sell them off themselves. This brings us to what the stock should be trading at. With a market cap at around 5 million, the stock is grossly overvalued. More stock being issued would put the worth at around less than a penny. So for all of you waiting for it to get to 10cents or more, lots of luck. I hope you didn't spend all of your money in one place. The stock will be trading at less than a penny before the season is over. In my opinion of course. But I am rarely wrong on stocks like this.
It is also worthwhile to mention that the monitors of this board are also the pumpers and for some reason "in the know". They delete anything negative or painfully truthful about the stock. This is cause for concern because several people have lost a lot of money listening to unrealistic forecasts and pumps from various sources including the monitors of this board. The only way to end up with a small fortune by investing in this stock is to start out with a large fortune. EOM 30/30