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Friday, February 26, 2010 10:48:24 AM
"...pre reverse high was equivalent to $3.00 today.. Smell a 10 bagger..."
Pre reverse high was .003
That IS equivalent to $3.00 today."
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I have been reading from several posters that they think
Old PPS=0001 is equivalent to PPS =0.10 today or
0002 is equivalnet to 0.2 and so on...
That is not truth anymore since O/S has changed significantly
You have to normalized them in order to get correspondence between both prices. You do it by way of using Market Capitalization:
Say
Old PPS ( before R/S ) = P1
OLd O/S = 2,500 Mil shrs
New PPS ( after R/S ) = P2
New O/S = 17.1 Mil shrs
Market Capitalization = PPS x O/S
===> P1 x 2500 = P2 x 17.1 ....(I)
===> P1 = P2 x 17.1 / 2500
===> P1 = P2 x 0.00684
For Instance :
if current price ( Today's Last PPS ) is P2 = 0.33
then "Old price" P1 = 0.0022
if current price ( projected "ten bagger " PPS) is P2 = 3
then old price P1 = 0.0205
Note:
Since there is a new acquisition on the works the O/S = 17.1
might not be realistic anymore. If RT is paying with common shares
then the new O/S should increase even more.
when you find the new O/S just change 17.1 in the formula (I)
to get old values ( PPS Before R/S ).
Remember The key of all this conversion is Market Capitalization
If you think I'm bitter here is a good one reason !!!
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