A lot of things could have caused the price to jum
Post# of 1023
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That being said, the principal theory is that the price movement of a stock indicates what investors feel a company is worth. Don't equate a company's value with the stock price. The value of a company is its market capitalization, which is the stock price multiplied by the number of shares outstanding. For example, a company that trades at $100 per share and has 1 million shares outstanding has a lesser value than a company that trades at $50 that has 5 million shares outstanding ($100 x 1 million = $100 million while $50 x 5 million = $250 million). To further complicate things, the price of a stock doesn't only reflect a company's current value, it also reflects the growth that investors expect in the future.
http://www.investopedia.com/university/stocks/stocks4.asp
I believe the quote below sums it up:
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it is investors' sentiments, attitudes and expectations that ultimately affect stock prices.
SCIE, in my opinion is grossly undervalued . Several weeks ago I posted about another company (LOG$) which has no product, never had a product, and probably never will; yet their PPS went to 30 CENTS only two weeks ago. Its insane!
Could you image how rich we'd be if SCIE was at .30 cents right now?? And SCIE HAS a product! I think investor sentiment is on the rise; finally beginning to see SCIE for what it is - a real company, with a real CEO, with a real product that actually works. If SCIE had continual sales, what would honestly be keeping them from reaching .50 cents? Nothing in my opinion.
My personal opinion as to what happened today? Insider trading. GASP! no, not the bad illegal kind; theres actually a legal side to insider trading which many people tend to forget about or ignore because its not dramatic enough to talk about in posts.
This sums it up:
http://www.investopedia.com/articles/02/061202.asp
For new investors, its a a good read.
This is a great sentence:
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The SEC considers insiders to be company directors, officials or any individual with a stake of 10% or more in the company. Insiders are required to report their insider transactions within two business days of the date the transaction occurred (before the 2002 Sarbanes-Oxley Act it used to be the 10th day of the following month). For example, if an insider sold 10,000 shares on Monday, June 12, he or she would have to report this change by Wednesday, June 14. Changes in insider holdings are sent to the SEC electronically as a Form 4, which details a company's insider trades or loans. The following link is an example of a Form 4 filed by the CEO of Krispy Kreme Doughnuts. A Form 14a, also filed by the company, lists all the directors and officers along with the share interest they have.
Of course, this may not be the case with SCIE. Perhaps no insider trading occurred (the legal kind). But if it did, guess what? If it did, we would see a SEC filing this Friday at the earliest. And if that happens, it would be great for us. If it doesn't happen, that's fine too; it simply means this post doesn't relate to SCIE this time. Of course, with the SEC, there are always exceptions to the rules, so don't go crying if/when no SEC filing doesn't show up by Friday.
An even better sentence...
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This kind of information is extremely valuable to individual investors. For example, if insiders are buying shares in their own companies, they usually know something that normal investors do not. They might buy because they see great potential, a merger, acquisition or simply because they think their stock is undervalued.
So, if someone inside SCIE knows something we don't about the recent oncoscope merger... the spike in PPS might be related to that as well.
This post might be completely wrong about todays price action, but it does give reason as to why price change may occur. Time will tell.
SpectraSCIENCE Inc. (SCIE) Stock Research Links
http://investorshangout.com/Joeys-Investment-Board-91611/
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