Monday, January 01, 2007 11:59:48 PM
TRGD
Float 57,441,677 X 1.32 (friday's close) = $75,823,013
O/S 81,925,953 X 1.32 = $108,142,257
DKGR
Float 300,000,000 X .0085 = $2,550,000
O/S 828,000,000 X .0085 = $7,038,000
Both are still pinksheet...shows the extreme potential of DKGR...
Based on the Float, Drakes value can move up 29.7 times it's current Market Value (MV).
Based on the O/S, the MV can move up 15.4 times it's current MV.
Based on the risk/reward I am willing to put a lot on DKGR; haha in fact people wager more than this for less gain on more risk over in Vegas...not that investing is gambling or anything...
I tend to like to compare the float valuations over O/S considering how stocks move based upon the float and not the O/S because the difference in the O/S and float is restricted shares...sooo .0085 X 29.7 = .25 roughly...so we'll see what happens, I'll take a 25 bagger any year lol
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