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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: StockDung who wrote (6097)11/16/2000 5:04:00 PM
From: Jeffrey S. Mitchell  Read Replies (2) of 7056
 
I see someone is practicing fuzzy math...

The company recorded 400 percent growth in its membership base during the first 10 days...

Having already increased its membership base from 4,000 to 12,000 in less than two weeks...


A 100% increase on 4000 members is 8000, making a 12,000 member base a 200% increase, not 400%. Regardless, all of Dorian's promises and all of his acumen could never put Hitsgalore together again.

The company’s stock rebounded from its 52-week low of $0.032 on Monday to close at $0.055 yesterday, up 41 percent...

Actually, this would be a 72% increase, not 41%. No matter, since HITT is back down to .035 on the bid.

- Jeff
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