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Tuesday, October 27, 2009 4:16:41 PM
Whta it really matters at the end is Market Capitalization (MC)
Today ENTK closed at PPS = 0.40 with O/S = 2.5 Mill.
Market Capitalization = 0.40 X 2.5 = 1 Mill.
Question is this a good value for ENTK ?
IMO : I think is too cheap
My Opinion is that ENTK should be worth above 50 Mil. in the near future ( assuming Ceo is not bluffing which is not, PRs from BEHL and New California Law related to Renewal Energy gives great clues that ENTK is on the right path at the right Moment )
For MC = 50 Mil. ---> PPS = 50/2.5 = $20/shr
Have you ever trade a Stock with just 1.5 mill available shrs?
It FLIES,It is very hard to fill a 1000 shrs in the way up.
Plus ENTK is now in very enduring Hands!!!!
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