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Re: ztockings post# 1131

Thursday, 08/29/2013 8:02:45 AM

Thursday, August 29, 2013 8:02:45 AM

Post# of 3756
When determining if a stock is expensive, you have to look at both price and number of shares outstanding.

DSNY has 52m shares outstanding.

The new one has 16.1m outstanding according to their latest filing (probably around 18m) now. There is only 7.8m in free trading shares.

For the new ones price to be equivalent to DSNY's price, the new one would have to trade over $6.00 per share.

DSNY is less risky because it already has revenue.

The new one has much more potential due to the size of it's market.

IMO, the new one is a very good buy at the current price.

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