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Thursday, January 06, 2005 10:44:09 AM
The more I think about it, the more you make sense. The fact that the price is tenths of a penny make the O/S less meaningful because people can own millions of it. Unlike Intel which also has about 4bil O/S. I could never afford to own 2 million intel shares. So $5K gets me 2 mil CTKH where $5K gets me only 250 shares of intel. That's a huge difference and the CTKH gets bought up quicker.
Now, I can definately see how Cetek could all of a sudden make a huge jump if thousands of people start trading it. The theory is not so far fetched and it is actually very likely if the right news gets released. That leaves the people who heard about this first in a very exclusive position. It's kind of like getting a first chance to buy a car that isn't available to the general public yet.
I still think that the O/S could stand to be reduced significantly.
If 1000 people bought an average of 2 mil shares each, that's 2 bil shares bought up right there.
Wow, we could very likely be sitting on a gold mine. Get your shovels out boys, it's gonna be time to start digging soon!
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