Saturday, March 27, 2010 4:55:19 PM
I evaluate SYMW based on market cap or market capitalization because SYMWhas no revenue or earnings yet. I use a guideline of $40 million as a reference point (equilibrium) for market capitalization. This is not the actual market cap. actual market cap is (outstanding shares)11,744,855,284 x (Fridays closing price) .0003 = $3,523,457. My opinion is with the technology SYMW has, being in phase II, rapidly pushing forward, with prompted inquiries and interest from OEMs and consumers, the cap should be 40 mill not 3.5 mill regardless of outstanding shares.JMO.) So ( 40,000,000 / 11,744,855,284 (OS) = .0034 )
IMO With a change of setiment, because of news and most sellers gone already, SWMY should head to .003, perhaps on that buying pressure SYMW does a reverse split of 200/1 (meaning 200 of it's shares are now equal 1 share) then the stock would be worth .6 (not.003) with buying pressure and outstanding shares at 58,724,277. At that point bigger investors would take a closer look! WE ALL WOULD WIN!
This just my opinion of where SYMW should be and why. Mabey it will and I'll be right, Mabey it wont't and I'll be wrong. No matter what happens I'm in the game!
GLTA and SYMW
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