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tennantwv

03/13/14 6:20 PM

#23527 RE: power_forward #23524

How many did they release?

GuTA

03/13/14 7:14 PM

#23533 RE: power_forward #23524

They just tripled there AS to 15B effective 3/12/14 and look at the pps since.

MMoshe

03/13/14 7:28 PM

#23535 RE: power_forward #23524

In all fairness PMCM didnt have the kind of Volume STBV has had day to day. The volume here can not be ignored. STBV

rverboatgambler

03/13/14 8:23 PM

#23541 RE: power_forward #23524

the shares outstanding shouldn't be an issue

The valuation is what matters.
Today, assuming 40 billion shares MAXIMUM outstanding, or DUMPED, or whatever slang your like to use, we barely have a market cap of $12,000,000
Compare that with your favorites in the same sector.

I always use FITX as an example:
At this moment FITX has a Market cap of $297,000,000
They have 3.4 Billion shares out.
Does everyone over there scream about it?
No, nobody makes a big deal about it-
because the stock is up 12-fold.



The Market Cap here is what matters.

Yes, we know they will do a r/b to tighten it back up again.

WHO CARES?



Rver