OTCPK:SWSH - Post by User
Comment by
OptsyEagleon Jan 24, 2011 3:30pm
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Post# 18018842
RE: RE: Show Me The Money
RE: RE: Show Me The MoneyThanks Joe, that was helpful. Yes, determining a valuation for the stock is very important. My philosophy has always been that it is not the company that you buy that determines your future performance, it is the price you pay.
At $6 a share the company is valued at over $600 million dollars. That's a reasonably big chunk of change for a company with just a lot of hope and potential and very little revenue and no profits. However, someone bought today and felt that it was a bargain, so I will investigate the story further. Thank you for your help.