InvestorsHub Logo
Followers 5
Posts 216
Boards Moderated 0
Alias Born 02/28/2010

Re: TownScapes post# 2658

Thursday, 02/10/2011 10:09:02 AM

Thursday, February 10, 2011 10:09:02 AM

Post# of 3474
Market is down. Someone perhaps growing tired of waiting for financial info. Who really knows?

But let's put this into perspective, how many shares have traded? I see about 104,000 at about 15 cents so approximately $15,000 worth of stock. At 1x estimated $20 million or so in sales the market cap would be $20 million here. And 1x sales is probably conservative for a growing company with a great story. So, $15,000 in volume really doesn't phase me too much. With the tight float this thing's going to move up and down a lot for no good reason.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.