Andrew,
To be honest with you, I have noticed a few BB stocks make solid runs with considerably more than 40,000 or so outstanding shares in my lifetime. Sure, if you are REALLY looking at the company under the microscope then I suppose outstanding shares might make a difference.
Of course, investing in BB stocks are risky to begin with. Its great to analyze everything about a stock, but if the bottom line numbers are there, that seems to be the important detail.
With BB stocks, when a stock starts to run is when the momentum players, daytraders, flippers, and naive get into the stock. Who is going to give a rip about outstanding shares when the stock starts moving? Those that have to analyze the hell out of the stock and they will be the ones to miss the boat for the most part. Unless you are smart like me, and get in before the stock runs.
Now, outstanding shares are important for those who are in the long-term holding frame of mind...but by then, Andrew....I will be well gone of FAMH and into another play with my profits.
So, I guess you and Little Engine who constantly debate how many outstanding shares exist in FAMH must still be thinking about getting into the stock.
Andrew, your pompousity is astounding. Perhaps you should concentrate on CYTO....a stock that certainly has a number of unanswered questions itself:-)
Jane |
