Replies to post #28118 on $We_Beat_Wallstreet

[j$tops]

Posted by: Kaged Date: Tuesday, January 06, 2009 9:11:50 AM
In reply to: None Post # of 194518

SCNI - MOASS, here is why:

The net income for the three months ended September 30, 2008 was $3,079,893 or $.25 per share, compared to a net loss of $652,975, or $.05 per share in the same quarter of 2007.

This stock was trading around .20 in 2007 when the above .05 per share loss was filed, with the same number of o/s as there are now (The Issuer had 12,235,568 shares of Common Stock, no par value, outstanding as of October 26, 2007. ) If this was trading at .20 with a .05 loss per share in 2007, it would seem that it should be much higher than .20 with a .25 per share earnings per share last quarter. There is not, nor has there been any dilution on this stock. The only possible way this stock got this low is by way of shorts imo. Time to cover.

(The Issuer had 12,121,568 shares of Common Stock, no par value, outstanding as of October 31, 2008. )