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charhorse

01/26/10 5:25 PM

#3026 RE: TheStock411 #3025

Exactly my point, it can't stay small and provide the money they say they need.
Unless the do another reverse and start the clock again. If they do reverse they will do it then pr it.
If someone else has some better insight or an alternative I'm sure it would be welcomed by the posters here.
I wonder what the $500,000 in current liabilities is for.
Is it for the completion of the Den acquistion?
Anyone have any guess
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DTL

01/26/10 5:30 PM

#3028 RE: TheStock411 #3025

If the float is low and buying pressure is high, the price will be forced up to levels where shares are available. So, the ideal stock is one with a relatively low number of outstanding shares, and a relatively low float.