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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air

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To: Milk who wrote (1078)2/9/1998 2:06:00 PM
From: Gutterball  Read Replies (1) of 6464
 
Something like 80 million shares authorized, 69 million shrs outstanding. The float, is around 29 million shares. This month is really blowing the float away.

Present market cap (at 1.70) is $117 million. Considering BAT had revenues of $200,000 in 1997 and was valued at about $2 million, do you see why it's price is so fragile up here in the stratosphere. Herb has a legitimate concern and I'm glad he brings it to the table--like it or not.

The question is, do you drive forward looking into the rear view mirror, like Herb, or do you throw the past away and charge in at these prices not knowing what the future holds?

For the moment, the tape suggests, "damn the torpedos, full speed ahead." We have a nice little rally underway, it will probably hold up to 15 min before the close. Guess folks are tiried of waiting for 1 1/4.
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