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Re: Black8 post# 36159

Monday, 03/25/2013 5:36:48 PM

Monday, March 25, 2013 5:36:48 PM

Post# of 130746
The Dow and S&P use of free float method is for the calculation of indexes. It makes a huge difference in the calculation and volatility of indexes. It it misleading to use it for the evaluation of an individual stock. That is especially true in this case where the float is only about 10% of the outstanding. It has to be assumed that all shares, including restricted, will eventually be available and in the float.

There are a lot of positives here but as with any micro-cap it is difficult to impossible to know if what we have is truly undervalued or not. I keep reading "massively undervalued" but there doesn't seem to be enough data to give that mantra any credibility.
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