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Re: alexs124 post# 8607

Thursday, 02/09/2012 9:27:28 PM

Thursday, February 09, 2012 9:27:28 PM

Post# of 26138
The dollar value you are referring is the Market cap = number of shares x Stock quote = Share price mean nothing other then under a buck for de-listing. Market Cap tells you what the company is assessed at on that day. Share price was around $0.53 cents on the previous post. It was liken to a dated document from January. (97 million was today's Market cap)

Comparisons don't matter for day traders because they have a short time frame High risk - high rewards philosophy. But for the uneducated trader and a potential long investor- comparisons do matter.

Even a trader may pause if they actually looked at the stock they had in their hands at this low price and did a little due diligence.

Since Biosante is not starving for cash anyone wanting to buy the company would probably have to fork over $1 Billion = $9 / share and that is before Libigel is approve. They have to go on the assumption it will get approved if they wait after approval the price will be higher.


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