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Microcap & Penny Stocks : Arcon Energy .... Another Sleeper

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To: Andrew H who wrote (164)1/30/1998 10:39:00 PM
From: Ga Bard  Read Replies (1) of 626
 
One other item is that when restricted shares are issued they are based on share holder equity ... Now that would mean that the shareholder equity would have to be $5.00 because (70 B x 150 = 10,500,00 shares times the shareholder equity of $5.00 = $50,000,000.00)

Like I said I do the math on all news releases and I missed this point after I reviewed my posts.

Hope you see how I always can tell what a company is worth. Now a shareholder equity of $5.00 x 8 = $40.00. This is my way of doing the actual price of the stock for its maximum potential in share price value. Now for the next 30-60 I would expect this stock to reach at least the $5.00.

I hope this clears up how I do projections for the min. of where a stock will go.

Happy Trading

GB
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