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Campeese

01/30/17 12:26 PM

#22307 RE: Micks22 #22305

market cap of 40-50 million is realistic at .04-.05. I'm not saying this will ever hit anything above that. We've had a weed company from Israel trading at $170 million a few weeks ago before it corrected and they have almost 0 assets...

It will adjust but I agree, share reduction is needed to create more volatility.
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Stock_Goodies

01/30/17 12:55 PM

#22308 RE: Micks22 #22305

No there aren't. Under 1B is nothing...another stock with over 10B outstanding shares has gone up 300% over the last few months. 16 days til earnings and this going to run hard on good news.
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RadioSilent

01/30/17 1:31 PM

#22309 RE: Micks22 #22305

There are far too many shares for this to increase significantly...


Market cap now (800m shares, .0022) is $1.76m

If you fall into Malc's camp (it's a fraud) then that's way too high. If you fall into Campeeses camp (good product, undervalued) then it's way too low. Time will tell.