DCI Telecommunications - DCTC Today Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: King Louie who wrote (14885)	3/22/1999 7:43:00 PM
From: Rob Taylor	Read Replies (3) of 19331

OT - I guess with $14.4mil, George has enough to begin his run for the White House. I am curious how he managed this feat with an $80,000 investment. The lowest GLBX has been since the IPO is $8 adjusted for the 2 for 1 split this March. The original IPO price was $19.00/share. If he bought 10,000 shares ($80,000 / $8), even at the recent high of $62.63, his investment would be worth $626k. Even a pre IPO price of $2/share with an attached warrant at $2 would make his investment worth a little over $2.5 mil without exercising the warrant. Of course the stock closed a bit over $48 today. Based on the high price of $62/share equaling a market cap of just over $25 bil, old George would have to have bought around 908,000 shares with his $80,000 initial investment. I guess my question would be, how did he do that?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next