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Topic: URMD (Cheapest of all current Shell Stocks) ATEG PLAY

USF11
Member

posted

After seeing ATEG a shell stock run 1100% I did some DD and found the cheapest of all shell stocks currently trading.

URMD has an OS of ONLY 7,254,382 that gives URMD a mkt cap of ONLY 145k at close today.

ATEG ran 1100% with an OS of 99,776,704 on merger news can you imagine what URMD can do with an OS of 7.2 mil current sitting at the Ask price of .025

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FatherOfTwo
Member

Member Rated:

posted

quote:
Originally posted by USF11:
After seeing ATEG a shell stock run 1100% I did some DD and found the cheapest of all shell stocks currently trading.

URMD has an OS of ONLY 7,254,382 that gives URMD a mkt cap of ONLY 145k at close today.

ATEG ran 1100% with an OS of 99,776,704 on merger news can you imagine what URMD can do with an OS of 7.2 mil current sitting at the Ask price of .025

Sorry to burst your bubble, but GRDX is trading at .005, has a comfirmed LOI to have its shell filled, and has an O/S of somewhere between 20-30 million!

check the thread and read up on it!

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USF11
Member

posted

GRDX isn't listed by shellstock review and if its being filled that means it is not a shell anymore.

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firefighterswct
Member

Member Rated:

posted

no point of double posting this stock go over to its thread if you have questions or comments .. thats where you will find all the info on it !!!

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USF11
Member

posted

There is no URMD thread what are you talking about.

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bgrance
Member

Rate Member

posted

Excuse the newbie question, but what is a shell stock?

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Ric
Member

Member Rated:

posted

It is basically a public company that went belly up. A shell with no business or very little but still trades on the market. The good thing about a shell as long as its debt free and has a low o/s is that its cheaper for a private company wanting to go public to buy these shells then going through a IPO. Small companies tend to like going this way. They do a reverse merger with the shell and now its a new public company. Only thing you need to look out for is how much will the new company dilute the shares to pay for this going public. Because the only reason to go public is to raise capital. Well this is the basics only.

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Invest with your brain not with your heart.

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