Re: Reply to stock_shark1 - potential upside
in response to
by
posted on
Jul 16, 2015 01:44PM
Multi-Billion Dollar Agreement Signed With Oman
Not meant to be snarky. Your accounting gymnastics diluted vs. non-diluted. Market Value vs Book Value. UA rites Value, Average UA value......all of it....the correlation or the lack of correlation to the PRICE...is the WHY the price is what it is because there are more sellers (shorts) than Buyers (long). Until there are those buyers (whatever their reason for being buyers/long). More important than the accounting is the volume particularly the long volume.
What is the P/E of OMAG? doesn't matter....
oiler