Replies to post #1131 on How To Find Big Stocks

[JB3729]

When determining if a stock is expensive, you have to look at both price and number of shares outstanding.

DSNY has 52m shares outstanding.

The new one has 16.1m outstanding according to their latest filing (probably around 18m) now. There is only 7.8m in free trading shares.

For the new ones price to be equivalent to DSNY's price, the new one would have to trade over $6.00 per share.

DSNY is less risky because it already has revenue.

The new one has much more potential due to the size of it's market.

IMO, the new one is a very good buy at the current price.

[timorr]

a larger market cap means its more expensive . When DSNY had a 16 million market cap it was cheaper than it is now at 110 million . Forget about the " price " of any stock . They use market cap because it indicates shares outstanding times the price of the stock which tells you the total worth of the company . This stock price " seems " higher only because there are far less shares outstanding . I agree with JB , this is a real ground floor opportunity . As long as I've been with HTFBS I've bought a total of 9 stocks and this is the earliest I've seen yet. If I have any complaint its the fact that its so early that its difficult to get a lot of DD on it. You really can't have it both ways . I'm one that believes that if I'm going to play the game I want to play it to win. Everyone should make their own choice .