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penny_foolish

08/31/09 11:14 AM

#74571 RE: drifterfcrc #74570

You are correct about market cap calculations, however, DD about assets and cashflow will determine if the company can support a certain market cap. If a company is valued at .0002 cents/share on a billion shares O/S and is consistently making 100mil a year in profits, it will almost certainly go up in share value. IMHO
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Doofenshmirtz Evil Inc

08/31/09 11:17 AM

#74573 RE: drifterfcrc #74570

It seems MM's today have really been at it today, in all my pennystocks. Is this usual eom bs? Has anyone else noticed this? It's just not synj.