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JackedOnCaffeine

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JackedOnCaffeine

Re: WildWest post# 136246

Friday, 04/20/2012 12:49:05 PM

Friday, April 20, 2012 12:49:05 PM

Post# of 157300
I haven't forgotten GTC, but the revenues announced to date are paltry. Perhaps that will change now that GTC has a reliable network of next-generation Globalstar birds. But talking about expected revenue growth and actually seeing it are two different animals. And with the enormous number of shares issued, it will take a great deal of revenue to move the share price significantly, in my opinion.

There are 440 million shares issued as per the latest filing. It will take a ton of revenue to move this stock.

I'll be very happy if I'm proven wrong and the stock soars, but I think at this point that is fantasyland.
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