posted
Strikeforce Technologies has developed a product that encripts your computer key strokes as you hit the keys on your computer and so any spy device can not see what you are typing. This prevents identity theft and protects your valuable information such as when you query your on line bank statements. The company is starting to sell its products, and yet even though it doesn't have many shares, it price is less than 2 cents a share, and that's even after being up 18% today. The company has developed an excellent product that is going to be in high demand over the coming years. It has a small number of shares which means that it can easily suport a high price number. If it had hundreds of millions of shares or even billions as some stocks have, it would mean that, even with positive earnings, unless they were excellent, it would probably only have a share price in the pennies of even just fractions of a penny. And that brings me back to its small number of shares and excellent products. The company should start getting positive earnings some time next year. It has a product that people are going to want and as people learn about their product and demand for its product rises, its sales start are going to start taking off. And yet, even though it doesn't have hundreds of millions of shares, its price is less than 2 cents a share. Unless there is something I'm missing, its share price should be in the dollars, especially once people start buying their product and start telling others about it. So it should easily hit 20 cents a share, which means that if you bought it in this price range, every $1 you invested would become $10. And if it reached $2 a share, every $1 that you invested would become $100
Posts: 580 | Registered: Oct 2003
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O/S count on 12/31/06: 28,844,494 O/S count on 3/31/07: 34,847,209 So that means they diluted by over 6million shares in 3 months, which increased the O/S by almost 25%. Seeing as we are now at the end of June, it's entirely possible that they've diluted significantly more.
What, if any, rights do they have to the idea of an encrypted keyboard? If it's a good idea and people want to do it, can bigger companies just make their own versions and push these guys out of existence, or do they have any kind of patent?
So let's say that right now they have 35million shares outstanding. Are they a $70million market cap company? A $700K market cap company? Somewhere in between?
I don't think you can, without more info, really know what the price *should* be. Although I tend to think if it's trading at .02, it's not a $2 per share company.
I'm skeptical by nature, so unless I find something more juicy, I'm sitting this one out.
Good luck to you though!
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Oh I can find the down side in any stock. I just need to learn to recognize the GOOD ones every once in a while Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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