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Re: OTCPennyTrader post# 30484

Wednesday, 02/23/2011 3:23:10 AM

Wednesday, February 23, 2011 3:23:10 AM

Post# of 34411
Compare the outstanding shares for this company last year (Premerger) to the shares outstanding this year(Premerger). that should give you a better idea of how far this will go up. Im not tracking a penny on this for merger news alone. the only way this soars past a penny is if the projected revenues for the year are in the millions. Skgo will sit on those figures as they continue to rebuy shares. Any significant changes in the outstanding shares after 1 quarter post merger will give us the best indicator of the company moving forward and what the share price should be. If the price is less, then the company is considerred undervalued, if its more, then the price is obviously too high and new shareholders are going to fall on a knife.
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