i don't know what the ss was for mdnt when it was at $2. there is no way mdnt can support a $2 or even a .69 cent valuation.
os times current pps represents what the street thinks medient is worth right now. there is no way medient deserves a 300mil to 2bil valuation. this is where manu really screwed up because dilution HURTS.
Understanding market caps is vital for successful trading. there is nothing better than finding a up and coming company with a valuation at half a million and below. some event happens that 300k cap can become a 3mil cap & that is a 1000% gain in pps.
why do you think most are so pumped on medient? medient has a valuation of $4mil that is CHEAP. you as a trader have to ask yourself can medient deserve a 20 to 40mil cap in the future? if your DD comes out to say yes and pans out your looking at a 500 to 1000% percent return.