Replies to post #8675 on MedSmart Group Inc (MSGP)

[jimmybob]

Not to use the mining analogy again. But that mining company i spoke about in my previous post with $12k in revenues and no production as of yet ,has a $121,904,692 market cap as of Jun 11, 2010.

Market Caps tend to be the least important thing in plays like these... especially with the forward looking events coming ~

[The Rainmaker]

These subpennies trade on momo, news flow, the appeal of the back story and the size of the float. If you are looking at applying fundamental stock analysis like eps and market caps you probably belong playing the large cap stocks.

Here's a perfect example I noticed CD*V filed their Q today, they had around $9000 in sales last quarter, lost money, have little or no cash yet have over an $80 million dollar market cap and people love that stock. It is not fundamental stock analysis driving that stock just like there are other far more powerful forces driving SSWC as well.

Talking about those things in respect to a subpenny runner is like using a screw driver to bang in a nail. Great tool but you are using it for the wrong job. Same applies for your argument imho.

[Mikey]

mo, you are thinking from the trader side of things........you want a low float so the stock will move up, right........i can understand that.......however, from the business side of things, because of the fact that he has these restricted shares .....he now has a world of opportunities for acquisitions for the new business model.......including revenue producing content......they dont have the money for anything major insofar as revenue producing properties.....the shares are the ticket for this company........without them, they have no vehicle for expansion!.....and because they are restricted, we are protected, because those shares cant hit the market for 1 year from the date they are issued(or transferred)........