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vator

10/08/23 8:12 AM

#638603 RE: CaptainObvious #638599

I am not talking about your motives. Just what will be the end of share count. It only gives a poor understanding of valuation for market cap when you post these numbers. And folks who rely on them are misled.

Your motives are not part my calculus. My calculus is the market cap.
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biosectinvestor

10/08/23 8:36 AM

#638608 RE: CaptainObvious #638599

Yes, your posting the share numbers outstanding is a helpful and factual post. Not sure why anyone would complain. I like to look at that regularly and whenever I consider an investment it is relevant, that and market cap and considering the potential of a company in the long-run. So it’s a useful part of the totality of facts one must consider. It is also a defining factor in terms of market cap, to share price and potential amplitude swings in share price that are likely in a given time or circumstance, given potential or likely volume. It’s not absolutely defining, but it can help manage expectations when one understands the basic math of it all, in a generalized way. Though for sticks so undervalued like this one has been, circumstances can change quickly. But still, keeping a lab eye on outstanding shares and where the market cap is and is likely to go, is a very useful measure. Of course one might overestimate or underestimate the potential and that’s a different thing entirely.