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dippyfloppity

10/27/15 1:47 PM

#47322 RE: cdhames #47316

Yup looks like I'll have to bid sit down around there this winter. Sad I have to make my money back by flipping this million dollar profiting company all under a penny share price.
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mkessler17

10/27/15 1:56 PM

#47330 RE: cdhames #47316

I sure hope not. Let's say they added 75 million shares during the 3rd quarter bringing the total outstanding shares to 700 million. At .002 per share, the company's market cap would be $1.4 million! Their net profit was all most twice that in the last quarter!
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buckyboy

10/27/15 2:13 PM

#47336 RE: cdhames #47316

Stock could go into trips in the New Year as the Preferred B conversion inches closer and closer. Huge overhang which will drive the O/S to 1.4B and the A/S higher as well.

Nice 5M block below the bid I see in earlier action. MMs have potentially hundreds of millions of shares to distribute!! Place a big AON order much lower and see if they come and get it...then it's time to flip to the folks who still have a dream here!! (LOL)