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CashCowMoo

09/26/12 1:56 PM

#7151 RE: trendtraderz #7150

Oh I agree it will be huge. It will be a long time coming that is for sure. Do you think that when the A/S went from 500 million to 200 million the float shrank as well? I am not sure how the float works in that situation.

The A/S was cut more than a half. If the float was cut more than a half that means just 20 million shares are available. I think with the movement the PPS makes on the smallest of trades that it is very dry. If the float gets locked up on news who knows where this puppy could go.

Baby pennies in my opinion is a no brainer. .05-.10 could come easy if the new company has some decent assets or business to report.