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.
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.
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.