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Microcap & Penny Stocks : CCEE Breaking Out

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To: BANCHEE who wrote (9546)3/16/1998 8:53:00 AM
From: Dr. Moze  Read Replies (2) of 12454
 
Banchee, your math makes no sense. If CCEE becomes profitable, then the stock price will mainly reflect present earnings and anticipated growth rate. (Unlike the present speculativew situation.)

Your example of 1,000 sh at 15 or 10,0000 sh at 2.50 makes no sense. Why? Because the key factor driving the stock price is *earnings per share*. And, that remains *unaffected* by any split, regular or reverse. Your example should read: "What would you rather have, 1,000 @ $25.00 = $25,000 or 10,000 @ $2.50= $25,000." ANd my answer would be: "Either!"
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