posted
I was looking into this stock and am not sure what would cause a spike in it today. I also found out the last person to buy stock in the company was TD Securities. Why would they buy into such a low penny stock? The charts look to me like it is on set for a good spike then return lower. Can someone look at them and tell me what they get from it. I think it hit a bottom yesterday and looks to be back to normal now. I could not find any press info or anything to give any reasons for these spikes.
Posts: 115 | From: Vancouver,B.C. Canada | Registered: Mar 2004
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posted
I do believe he's talking about Bard Ventures on the tsx venture. About 8 million shares out and market cap of just over a million. Dont know much else about it other than its a small gas and oil explorer.Volume picked up a bit today mostly going down tho.
Posts: 443 | From: Valemount | Registered: Dec 2003
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Hey Mouser, please quickly explain the market cap vs OS. for me, I expect the closer they are the better.
Posts: 1171 | From: B.C. CANADA | Registered: Feb 2004
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Hey wayne, I tried that.... I've never seen a ticker symbol with an underscore,????? Am I just lame????????????????
Posts: 1171 | From: B.C. CANADA | Registered: Feb 2004
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I put CBS_T.V in yahoo finance and it comes up. I think it also uses CBS.V
Posts: 115 | From: Vancouver,B.C. Canada | Registered: Mar 2004
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posted
Market cap is the total value of the company. Number of shares outstanding vs. the stock price. In this case 8,000,000 shares x .14 = 1.12 million market cap. When you have a low market cap and few shares outstanding any discovery with potential will cause the stock price to move quickly.
Posts: 443 | From: Valemount | Registered: Dec 2003
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