The market is smart or the market is dumb - I guess it just depends on what point one is trying to make.
Previously, on another stock I was in that was trading @ .001x - I chruched the #'s and came up with a valuation of $1 - most were laughing, not impressed - and not buying. However, that stock eventually hit a high of .44 on a huge amount of volume.
I was way off on that estimated calculation - and who knows I could be way off an my STOA post split/merger PPS estimated valuation - maybe the PPS will only make it to $5 - just like my missing the mark on that other stock- I won't be bummed coming in @ only 50% of my projected estimated value for STOA post r/s post merger.
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