InvestorsHub Logo
Followers 69
Posts 87439
Boards Moderated 1
Alias Born 03/29/2001

Re: DonVaBeach post# 166271

Thursday, 05/07/2009 8:58:14 PM

Thursday, May 07, 2009 8:58:14 PM

Post# of 202893
Don- very good analysis. I've done numbers crunching in the past and came up with very similar results. Altho I worked it from a market capitalization viewpoint, the ratios worked out almost the same. It's a tough call IMHO. I've had penny stocks in the past that have skyrocketed to market caps of $500 million + on no sales or earnings, just potential. I would have to agree with lurker that a small R/S would be necessary to reach $2 share price, altho a buying frenzy could propel it there with the current share structure. I don't count on it tho. If they do have to R/S for a move to a higher exchange I would hope they handle it better than the last one. A better move would be a share buyback. Companies buying back shares are almost always a good sign of a profitable well run company. This is all in the future and I'm sure nothing is set in stone. What we need now are the K's and Q's. The delays in uplisting have not been healthy for the stock.

.........al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.