7.00 per share with how many outstanding shares?
Do this for me. Take a 9" paper pie plate. draw a cross on it, dividing it into 4 equal portions. repeat, until you have 16 equal portions.
NOW, pretend you have $1600 worth of value there. How much is each pie section worth?
OK, now divide up each pie into 10 new sections. now, how much is each section worth?
That's called dilution, and at $7.00 / share you had an entirely different outlook. Like pie plate before and after.
keep dreaming if this even hits a buck, let alone 7.
I am not calling the top, as thats a fools errand, but a buck is a pipe dream, and 7 is comedy gold.
Even the pump crew is tempering their lofty price targets way down to nickels.
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