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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31, -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (1537)12/6/2006 9:38:32 AM
From: inchingup  Read Replies (1) | Respond to of 1694
 
rruff:

"Man, if that's not a moronic generic attempt at a bash, I don't know what is."

Actually, I was just stating facts. I have followed this saga since Soros was pushing it at $.16 per share wondering what all the hoopla was about. In the real world one would be lucky to sell a business like LBWR for $100,000. Yet it has a market cap of well over 100x that.

I don't believe that being a pinkie with revenues justifies such an out of whack market capitalization.

Also, to become a "10-bagger" the earnings would have to increase at least to the current share price in order to justify something like $1.60/share or about 600X the current earnings.

How long do you think that will take to happen?