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Re: MoniesTrade post# 6117

Thursday, 05/12/2011 2:40:19 PM

Thursday, May 12, 2011 2:40:19 PM

Post# of 95661
I absolutely agree..good post..I keep chit real as it appears you do ...Granted the float is extremely low...the total O/S still factors in here in figuring marketcap as well...so not only do they currently not have revs etc...the market cap itself is a bit high at this point for what they have or actually may have.....as it gets closer to time for prodcution etc..the market may value the potential a little higher...as they might actually have the real deal mcneal here...but again thats a year and half out .... for penny players that is an eternity ... but i think it will keep bigger players out of this ...and thus give us a chance to scrap shares with profits from other plays over the course of this year...

goodluck i'll be here checking things out from time to time...no position yet...as i think this has more room to fall from here as opposed to run...atleast in the next few months...but who knows...the story sounds good thus far...which is probably why its geting the valuation it currently has...

goodluck to all in...in this end this could be a record runner..but remmeber at 1$ a share this would have a 1billion markt cap... if CEO would cancel some shares down the road..it could really benefit the other holders...
imho
mj


"I Don't Chase Paper...I Make It Boomerang..."