Of course there are tons of outstanding shares. An
Post# of 56323
Posted On: 03/06/2014 9:34:00 PM
Re: HaveAnother #2567
Of course there are tons of outstanding shares. And yes, considering the number of outstanding shares it is "possible" that the price per share could struggle to rise above $2 to $3 per share without FITX buying shares back. (which is something that they have repeatedly announced)
But, on the other hand. I invested and made money hand over fist the past 2 years investing in 3D printing stocks and even though the number of outstanding shares is different for the 4 companies I invested in the VALUATION of the stock went sky high based on the possibilities and the "what if's" of what the 3D printing space will do in the future. Stocks are always purchased and valued based on future projections of what the company will do over the next quarter or next 2 quarters... My past experience with investing, and success thereof, suggests that with FITX and the space they operate in (marijuana as opposed to 3D printing) will dominate.
I bought DDD at $22 and rode it to $90...i bought SSYS at $38 and rode it to $122...i bought Vjet the day of their IPO for $28 on Friday and sold it the following Monday holding the stock only for the weekend and made $32k profit. (that's $32,000 large) and that was mostly made on the "what if's" and the possibilities of 3D printing and it's impact on our daily lives.
This is Mary Jane. I'm not sure if I need to go into the details about the what if's and the possibilities of the impact on people's lives with it.
I'm all in baby.
Go FITX
Dan
But, on the other hand. I invested and made money hand over fist the past 2 years investing in 3D printing stocks and even though the number of outstanding shares is different for the 4 companies I invested in the VALUATION of the stock went sky high based on the possibilities and the "what if's" of what the 3D printing space will do in the future. Stocks are always purchased and valued based on future projections of what the company will do over the next quarter or next 2 quarters... My past experience with investing, and success thereof, suggests that with FITX and the space they operate in (marijuana as opposed to 3D printing) will dominate.
I bought DDD at $22 and rode it to $90...i bought SSYS at $38 and rode it to $122...i bought Vjet the day of their IPO for $28 on Friday and sold it the following Monday holding the stock only for the weekend and made $32k profit. (that's $32,000 large) and that was mostly made on the "what if's" and the possibilities of 3D printing and it's impact on our daily lives.
This is Mary Jane. I'm not sure if I need to go into the details about the what if's and the possibilities of the impact on people's lives with it.
I'm all in baby.
Go FITX
Dan
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