MedGen Inc (MDIN)

[Uppy]

mjnabull, for what it's worth...

To some extent, potential valuations can be calculated using a company's outstanding shares(not available shares as you asked about) as well as net income and I believe the PE ratio. However, these calculations are usually reserved for stocks of larger companies on the major exchanges - the volatility in the pinksheets is such that you can do all the calculations you want, but hype and awareness typically override mathematical valuation.

A lowered A/S certainly does increase the potential of a stock to run, as I'm sure we'll see in March, along with all the other potential good news coming down the pipe.

To put it bluntly - if you're new at this, about the best thing you can do is watch and learn. Watch the people in here - how they interact, change sides, etc. Learn to trade without emotion - you're in the pink sheets to make a profit. Pinksheets education can be expensive! I know I certainly lost my fair share in my earlier years of trading.