Wed, Jul 23, 2014, 3:08 AM EDT - U.S. Markets open in 6 hrs 22 mins

Recent

% | $
Click the to save as a favorite.

Superconductor Technologies Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • liuyi_mailbox liuyi_mailbox Jul 21, 2004 5:45 PM Flag

    WHY IS IT STABLE AROUND $1.00?

    I calculated the share price again. Anybody's opinion?

    Option=0.88 (Excutable option for 3,000,000 shares > 0.88$/share)
    Transaction=6%
    Buyback cost=6%

    The reasonable fair price
    Premier Market=0.88+0.06=0.94
    Secondary Market=0.94+0.06=1$

    This is the bottom that institue can bear. It is too hard to make anybody cut loss below this number else convince shareholders that the company will go to bankrupcy.

    The right strategy is to purchase 10,000 shares at 1$ and continue purchase 10,000 at 0.8$. Because it is near bottom, the chance going up is much bigger than down.

 
SCON
2.7991+0.0991(+3.67%)Jul 22 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.