InvestorsHub Logo
Followers 0
Posts 154
Boards Moderated 0
Alias Born 01/02/2005

Re: Jnmcda0 post# 14926

Tuesday, 06/28/2005 7:16:01 AM

Tuesday, June 28, 2005 7:16:01 AM

Post# of 173778
You need to know the outstanding number of shares when discussing stock prices. Any stock, including those on the DOW, can have a $1 stock price if they split the stock enough times.

A stock selling for 80 cents with 100 million shares outstanding has the same market cap as a stock selling at $80 with 1 million shares oustanding.

You need to compare apples-to-apples, and not just disregard any stock simply because of its price.

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.