What I believe TB and others here on this board ar
Post# of 36536
There is little correspondence between the pps and "intrinsic value" of a company on this exchange. You can find companies valued in 100's of millions of dollars that are wild goose chases, and you can find companies that are actually receiving revenue and making money that aren't worth 1/10 of that. It's all how the MMs and the traders treat a stock, and their treatment is based on the way they can make the most when there is news or when there isn't news.
Joe said this a couple of weeks ago. I feel that it is spot on, and one of the reasons we need to get off the OTC and onto a slightly more rational exchange like NAS. Hopefully, the 10k will provide that opportunity, but I don't think it's going to reverse GNBT's pps because suddenly the MMs and other traders comb through it and realize what a mistake they have made in their valuation of GNBT. Probably will be some momentum trading if the numbers are really good, but if GNBT stays on OTC for an extended time, I believe the pps will continue to move depending on how MMs and traders see an opportunity to make themselves money.