Replies to post #71354 on High Wire Networks Inc (HWNI)

[Ecomike]

Or trying to pick up spilled pennies in a field while a bull dosser is bearing down on you, high risk shorting this stock $SGSI for sure, and not smart to flip it right now either as this should be the news that pushes us with out further warning up to a dime.

Do the market cap calcs folks, the typical profit margin for the firm is 20%, and with 30 million in revenue and 6 million in profit then use a PE of 20 for a growth stock you get 20 x 6 which is a market cap of 120 million dollars or about 25 cents per share at the current OS.

Also 80% of the issued shares are owned by insiders, officers, directors and are restricted.

The maxed out possible float is 135 mil shares at the DTC, and last reported actual float 12 months ago was 65 mil shares

[Big daddy wags]

LMAO
———-
“ It's like being a traffic cone arbitrarily making it's way onto the Indianapolis Speedway.”
———-
Well ... have you considered that the traffic cone is out there because SGSI has crashed and is burning?

Whoever is stuck in that burning vehicle needs to get out before the inevitable explosion!!!
Yikes!!!
It’s really not that hard to see what’s going on here!
It has many names but the result is the same ... Hype and Swipe ... Pump and Dump ... Fleece the Sheep
I guess we can add one more: ...

“The Traffic Cone is on the Track”
LOL

All IMHO of course!
Who would have come up with this scenario? Certainly can’t make up this crap!!