Replies to post #51248 on iQSTEL Inc (IQST)

[oldman69]

Wouldnt be here if I knew.
Patiently waiting for something to attract whales here. Still relatively young co. As I watch other mergers I see a pattern of time before things get rolling. Or for extremes wondering how a stock can maintain over $40 a share with small income and huge debt RIGHT FROM DAY ONE like $DJT?

[Boiler_Master]

First thing to look at is how many shares each company has. $17 share price may seem high, but if they only have 1M shares, that's a valuation of only 17 million. But if they have 1 billion shares, that's a valuation of 17B. So when comparing two companies and their stock prices, always compare market cap because one company may have 100x more shares issued than the other.

IQST only has 176.8M so market cap is about 60 million now.