InvestorsHub Logo
Followers 5
Posts 1114
Boards Moderated 0
Alias Born 12/13/2007

Re: Stks_Not_Toys post# 16855

Friday, 03/02/2012 3:06:58 AM

Friday, March 02, 2012 3:06:58 AM

Post# of 21198
I know thats a loaded question
because stock prices can be irrational. but lets say .002 is a good answer. 8.5 billion shares at .002 is $17 million dollars. Can a company that has $1 million in annual sales (less expenses) ever be worth $17M, or is $1M in sales just a drop in the ocean and really can't move the PPS much? Kinda like throwing a few billion dollars at a $15 TRILLION US deficit. Even Billions of dollars are spit when it comes to paying off the debt. Several here are getting excited about the prospect of seeing $1M + in sales for 2012, but is there really anything to get excited about?

Vits

When you come to the fork in the road ... Take It !