InvestorsHub Logo

Musicman99

07/26/22 7:34 PM

#7748 RE: KeithPB50 #7746

Nobody cares about the market cap. That’s not how the OTC works. It’s all hype driven. Plenty of valuable companies that have unnecessarily low pps and crappy pump and dumps with absurd valuations.

Most investors care about making a quick buck and then moving on. Looks like the wind has left the sails on this one.

Sub penny incoming imo.

PennyPusher786

07/27/22 6:29 AM

#7756 RE: KeithPB50 #7746

Tesoro went to 1.93... Reverse split 4/1 at around 1.50 to 6 or something like that and since than it has now been trading .05 to .07 LOL $6.50s or whatever it peaked at post split to .05... and if you're talking pre split, then divide today's PPS by 4 and you will understand the drop from $1.93 to as low as .0125...

So let's stop talking about T$NP LOL....

A Lot of tickers trade similarly, yes, it's because of Market makers, shareholder sentiment, lack of news or confirmation of it, bad economy there's so many reasons these days. But it will run like TSNP due to the share structure for sure on Re-confirmation of News with some updates as to the merger, new acquisition plans, symbol changes etc. Or just a pump group... until then, we may see this drop as low as .02-.05 or run back to .20-.40 who knows...

My Humble opinion of course