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RealDutch

09/17/20 4:15 PM

#131393 RE: AllinFun #131392

That's what you get when you have a savage CEO dumping stock all over the place. They leave behind a path of destruction.
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MaxxPowerrr

09/17/20 4:36 PM

#131394 RE: AllinFun #131392

i'd rather have that "junk" that actually goes green and makes me money rather than this trash that is always red and cant even sustain 3 cents.
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niczar

09/17/20 4:37 PM

#131395 RE: AllinFun #131392

But a lot of those "junk tickers" have been returning a quick 100% return.
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NYKnuckleballer

09/17/20 4:53 PM

#131396 RE: AllinFun #131392

All the more reason to clean that cap structure.

Imagine what the valuation would be if the cap were clean? Going from $700K to ~$3.5Mish: 5x year-over-year growth. And don't look now, the WHO reported that CoVid transmission rates in Europe are alarmingly high.
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snow

09/18/20 3:02 AM

#131429 RE: AllinFun #131392

AIIinFun "An OTC company on the verge of doing $3-4M in revenue is trading at $17mil market cap." Does a company become more vaIuabIe because it trades on the OTC and not NASDAQ? The numbers you refer to suggest that the company invoIved is greatIy overpriced. If we assume a profit margin of 5% and a p/e ratio of 20 revenues and the market wiII be the same. On those assumptions a fair pps wouId be about 0.6 cent.