Replies to post #91 on Burn the Paper Mills

[Horns in ATX]

ouch indeed. .0001/share x 5 billion shares = $500,000 for the CEO. good deal and easy money for him, not so much for individual investors

[Horns in ATX]

I try to look for companies that have roughly 100 million or less outstanding shares. I doubt I will ever be investing in a company with over a billion shares outstanding unless they are on the big boards. I have lost too much money to these types of companies.

The is no excuse for a company to have billions of shares outstanding (read: sell that many shares) unless they are trying to scam shareholders, or if they bring in billions of dollars in revenues a year and we know that no stocks in this price range are capable of the later.

Knowing what to look for (such as companies with low O/S and low float) is the key to finding the gems.

[Horns in ATX]

IBOX has been updated, everyone please take a look!