MOP Environmental Solutions (MOPN)

[smurfdeej]

I can see your point,gonz, but your argument is good for the general valuation of a stock and not for extraordinary moments inna stocks history like this.For instance,the valuation measure that you used never can be used when a stock,especially a pinkie, makes a big "intrinsic value" leap. For instance,TSTC(tech stock) traded around 8 bucks. Then,big news hit on their new proprietary whatever.......and for the next month, it ran up to a 3-bagger. And that was not a pinkie,which would do way better. Palm did the same when I bought into them for 3 bucks. I think they peaked at 18 bucks. The point is that there was NO difference in the company's metric other than a breakthrough,and followup re-valuation(intrinsically). It settles down of course, but that moment is where Mop is in at this moment: intrinsic value re-assessment.
Zillions of examples, but the point is there and a reality.
Jmo
deej