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Annapolis Bancorp, Inc. (ANNB) Message Board

  • stealthtrader1968 stealthtrader1968 Jan 6, 2005 10:54 AM Flag

    Stinger systems

    The product looks good but I wonder if this is a scam......This is from an article dated Dec 21st when the stock was just under 10...from a Taser release:

    We are very concerned that these illegal acts have damaged our company, the law-enforcement community and Stinger System shareholders who had bid the company's valuation from virtually zero to a peak over $200 million based upon this misleading information."

    That would put the current market cap at over $600,000,000 for a company with no revenue yet.....that I can see.

    Me be a play on momentum but too risky for me......