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Superconductor Technologies Inc. Message Board

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  • 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.

 
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