Replies to post #5102 on EcoSphere Technologies Inc. (fka ESPHQ)

[firsttrade]

Is esph a buy here at 0.40? Would esph be a buy at .40 if os was 40m as it was five years ago not 140m as it is now?

[Ecomike]

By itself, The stock OS is not the concern, it is the market cap, which is too high IMHO. MC = price x OS count

The question is, can they realistically sell enough systems at a profit, frequently enough, sometime soon and generate a P/E that justifies the huge Market Cap.

I don't think it is possible, thus I expect to see a slow drain off of the stock price.

Only penny stocks with no profits I know of with MCs this high are biotechs. And they usually bleed off too when they reach this market cap area.