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rongarden

06/02/10 12:36 AM

#12246 RE: pennystockingz #12243

CLOFRESH

Tomorrow is a bonus, do you realize that we have a pinkie Oil and Gas stock with revenues that seems to never ever be able to issue a share again.

Get it??

Over time the float will vanish.
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alaskacobalt

06/02/10 12:39 AM

#12251 RE: pennystockingz #12243

It could realistically break .10 this week now. It will be interesting to see how the market responds but we should have a MAJOR gap up, IMO. The share reduction means that we have basically gained an additional 30% of the company... So if you want to know how much your shares SHOULD be worth because of this alone take the new share count divided that by the market cap and then you get the NEW PPS... then times that by your portfolio! That should be a NICE difference! Plus the stock is still relatively low for their reserves