News Focus
News Focus
Followers 0
Posts 440
Boards Moderated 0
Alias Born 03/10/2010

Re: w8ting post# 73292

Friday, 06/04/2010 2:24:21 PM

Friday, June 04, 2010 2:24:21 PM

Post# of 157004
You have to undestand that this is not only about making mistakes, which is pretty acceptable and in most cases is normal. PPS went down for a mix of different factors:

Pennie stock + mistakes + Dilution (big O/S number increased from JAN 2010 till now) + overvalued Market Cap (tremendous Run up from 000 zeros to .0x area putting the Market Cap over 3x million usd)

Now: How long do you really think a pennie stock company doing mistakes, with 1.6 billion O/S and still diluting (50 millions shares last info released) that had a BIG Run will sustain its PPS (and Market Cap) that high?
This is samothing to keep in mind IMO.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today