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S&P 500
5,886.01
(
0.26%
)
US TECH 100
19,993.61
(
0.66%
)
Dow Jones
43,342.76
(
-0.24%
)
Brent Oil
73.11
(
3.40%
)
Bitcoin
90,035.04
(
0.19%
)
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penny_foolish

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Re: drifterfcrc post# 74570

Monday, 08/31/2009 11:14:00 AM

Monday, August 31, 2009 11:14:00 AM

Post# of 127409
You are correct about market cap calculations, however, DD about assets and cashflow will determine if the company can support a certain market cap. If a company is valued at .0002 cents/share on a billion shares O/S and is consistently making 100mil a year in profits, it will almost certainly go up in share value. IMHO

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