SIBE setting up as next big low float runner like ACGEX COHO FITX or NECA. Only few more shares and SIBE is above .10+
As of September 30, 2013, there were approximately 22 million common shares issued and outstanding, giving the stock a current market cap of just around $1 million. Based on their pending acquisition of Blendedschools.net, their ClassChatter app now surpassing 200,000 users, new educational apps expected this fall, and their low market valuation, Ludlow Research has issued a ‘short-term’ $3 to $4 million market cap target, or $0.15 to $0.20 per share on SIBE, which is very fair and justifiable when compared to others within the education technology sector.
Thight float, stock running!!!
Have a great low float, or killer chart to share with our group of traders? Post it up on my new board!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.