Just for fun...
A Comparison of CHES to DRKOOP
STOCK................DRKOOP
Revenue 1998.........$40,000
Profits 1998.........($17,000,000)
Current Market Cap...$860,000,000
STOCK................CHES (with rumored acquisitions - mergers)
Revenue 1998.........$81,000,000
Profits 1998.........Not Known
Current Market Cap...$9,200,000
Above indicates that:
(1) CHES has higher revenue
(2) CHES Profit comparison not possible, today, except rumor is that Pharmaon-Line.com is profitable
(3) Seems CHES financials will be as good or better the DRKOOP. So maybe the market cap should at least be the same be the same:
...$860 cap/80 mil shares = $11.7 share for CHES with acquisitions
Seems these reverse mergers (acuisitions) will provide instant financials and justification for a higher stock price.
AND YOU ARE HERE!!
Also, CHES is currently 76% above it's 13 day EMA and 211% above it's 50 day EMA. It is clearly in an strong uptrend and is short term overbought. To me this means we mayl see some profit taking unless PR comes out. This stock has definitely become noticed!
Average daily volume 6-30 thur 7-8 is 7,770,000. Volume on 7-9 was 8.4 mill.
Something I got from the RB board.. Good luck!
-- Hungry
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