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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999
BNEZ 0.00Sep 18 5:00 PM EST

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To: BigDaddyMac who wrote (2459)2/17/1999 9:23:00 AM
From: jmt   of 2648
 
Mitchell:

A straightforward and honest post. Feeling OK?

The problem I see and what has kept me on the sidelines (not being a momentum investor) is not knowing the total shares outstanding.

Without this info, no one can value this company. We can love the product, estimate sales, estimate profits, but not earnings per share to apply a reasonable multiple.

So to your point, IMO this is a pure gamble, with others holding most of the cards.

jmt
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