Thursday, January 28, 2010 4:39:46 PM
I follow postings here occasionally on this stock, but I am not here every day reading every post. I only put a few dollars in for a few million shares that I can afford to lose. The company itself looks like it may be headed in a good direction to me, so that's why I took a chance.
Schwab shows that BBDA has only 499.9M shares outstanding, which gives the company a market capitalization of just $100k.
I know based on chat here that the A/S was previously unlimited, and it was recently stated that it was limited to around 9B.
Schwab generally shows empty boxes for O/S and market cap if there is a question on what the numbers are, and normally only posts what they know to be fact.
Could we actually be in better shape with the O/S number than everyone thinks? Could there be buy-back going on without the company wanting anyone to know? That way, the PPS doesn't go up & they get it at these bargain-basement prices. Could we have a gagged T/A and no updates for that reason? I know usually you see reporting on that kind of thing, but not always in the pinks.
Thoughts?
Disclaimer: ALL posts are my own personal opinions, and nothing more. I don't actually know anything!
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