Wireless Age Communications, Inc. (fka WLSA)

[zabone]

Sunny,

Dude, first of all it s not 1/100th of a penny, but 1/10th of a penny. It is 1/100th of a dime though. If it went up only 1/10th of a penny per day for the 200 trading days in a year, that would end up at .226 instead of you 6 cents calculation. But it is a very different story if the PPS goes up 4% per day compounded daily (which it would). In that case I believe the year end PPS would be $63.77. SO Brad is right, I would take a 4% per day compounded daily also. In the first 10 trading days the stock would go from .026 to .038+ (over a 50% move). Where it gets interesting is when it gets over a dollar. The last day of that year the PPS would go up about $2.35.

I sure you probably didn't know how compounding principles work but be patient, because when you get into the 9th grade you will begin to learn some of those principles.