DUTV & OTC stocks can be mind boggling. We get
Post# of 17650
Posted On: 04/24/2015 2:37:39 PM
DUTV & OTC stocks can be mind boggling.
We get a solid quarterly report with info like:
$3.6 m in sales. With profit.
Countries DUTV operates in have increased from 3 to 7.
Yet share price is still near 1/10th of a penny & market cap is only
$3 m or $4 m.
I guess people are waiting to see audited financials and more detailed explanations about partnerships, but even that doesn’t explain why the price is so low.
Many OTC companies with unaudited financials & no revenue have a higher share price.
Bizarre.
Our day will come.
Cheers, judgesmails
We get a solid quarterly report with info like:
$3.6 m in sales. With profit.
Countries DUTV operates in have increased from 3 to 7.
Yet share price is still near 1/10th of a penny & market cap is only
$3 m or $4 m.
I guess people are waiting to see audited financials and more detailed explanations about partnerships, but even that doesn’t explain why the price is so low.
Many OTC companies with unaudited financials & no revenue have a higher share price.
Bizarre.
Our day will come.
Cheers, judgesmails
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