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arbrmon

07/03/18 8:34 AM

#71525 RE: Vegas Matt #71524

I’d be ok with .01
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marylandstockguy

07/03/18 9:43 AM

#71528 RE: Vegas Matt #71524

I think the problem is that if there were big reverse splits, it can make a chart look funny. When I go to yahoo and google it shows me this was at like 150 in 2010. It may have only been 1 cent in actuality at the time but the historical chart will show it much higher as a result of a reverse split later in time. So you have to be careful reading charts. OK it was at $1 in 2004 - but with 4 billion shares outstanding? I don't think so. To be a multi-billion dollar market cap, you better start proving yourself as a revenue producing company. I'm hopeful for BYSD, but I don't think it's ever been valued in the billions.