IMO the saying is for off OTC:BB markets. Too many, keep thinking you can use the same thought basis & terms for both. But the reality is most OTC:BB stocks have many more factors involved and the big guy terms in some cases can't be applied. Two different fruits, apples/oranges kind of thing. IMO
It also depends on the term "speculation". If your using it to refer to PPs, I agree with your post. If your using it to refer to potential or business plan execution , (traders perceived value) no EPS - no value to the company. I'd say last year the OTC:BB GTEL share, market price was 10 cents, speculation and this year it's speculation price to be 20 cents, so far.
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