I stopped reading after it said the share price closed on Monday at 6c... o believe it was in the 8c region wasn't it? Also the market cap is more than 4mil isn't it? It's around 20mil I thought. Can anyone confirm?
Good article. I agree with it. Stock probably needs a consolidation period as the rest of the debt is paid off and then do the RS. Then it should be free to run.
That post there is called showing your FUNDAMENTALS card and because of all the relentless technicals we always get - here - mainly because they are so much easier to do AND because there's no really getting it wrong on technicals then that's the safe place to do any so called predicting.But in the end FUNDAMENTALS have major impact also on a stocks movement long term and from this article we see the true value inherent in ICLD...This should be put on MOMO's board for all to see..thanKS for posting that very ,very relative information.
Market capitalization (market cap) is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
Obviously the writer did not do well in math.
How do you just say that the company has 4 million market cap with 487 million shares outstanding and price of .05 to .06 per share?
At this point, whole credibility of this so called "Great New Article" goes to waste.
READ THIS NOW: "Two companies with platforms [like ICLD's] recently sold for $100 million each in the sector."
"For perspective, InterCloud currently commands a market cap of just $4 million (PSS = $.05 when article published)."
ICLD valuation is approx. $100 million) - ICLD's share price should be at $1.25 per share to equal the same valuation as the two mirror image companies that sold for $100 million.
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