InvestorsHub Logo

doesitreallymatter

12/10/21 5:02 PM

#4548 RE: stockfan100 #4546

such a low number of shares

Having over 200,000,000 shares is not a low number. 1/10th of that is a respectable number. And, there is no sign of the issuance of shares stopping any time soon. The outstanding increased 188,000,000 shares this year alone, and the float is currently 173,000,000 shares. A fact conveniently omitted by company personnel.

But this will change next year

Couldn't agree more. By then the stock will be lucky to break $0.01. Heck, $0.01 might the 52 week high next year. If ABQQ is lucky.