Thanks for the good laugh Happydays.
Now, i'll try to do the opposite.
Instead of trying to imagine a reasonnable outcome for 4DS I'll try to think of something really crazy. Lke a 1000% rerate in one week.
And in fact, something like that did happen recently.
A little Hong Kong start-upcalled AMTD Digital (ADR) started trading on NYSE on July 15 at $ 7,80.
It is now at $ 1,100, after reaching $ 2,500 on August 02.
Its maket Cap is over 300 billion dollars for only 25 million revenue.
The company said that they have no idea why this did happen.
https://edition.cnn.com/2022/08/03/investing/amtd-digital-stock-reddit-wallstreetbets-intl-hnk/index.html
Looks like a mega ponzi scheme gone crazy on WallStreetBets.
Could be that, or a computer problem, or a big joke.
If we apply this 7.5 to 1,100 rerate to 4DS that would give us a price of $ 14 per share.
Not so bad.
We don't earn a lot with 4DS but we certainly have some fun.
Have a good night.
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Last
8.2¢ |
Change
-0.002(2.38%) |
Mkt cap ! $144.6M |
Open | High | Low | Value | Volume |
8.4¢ | 8.4¢ | 8.2¢ | $102.6K | 1.245M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 62768 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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8.3¢ | 17737 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 62768 | 0.082 |
7 | 341055 | 0.081 |
8 | 1056680 | 0.080 |
3 | 522222 | 0.079 |
7 | 346797 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 17737 | 2 |
0.084 | 517604 | 3 |
0.085 | 300000 | 1 |
0.086 | 108341 | 2 |
0.088 | 100000 | 1 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 15.58pm 05/06/2024 ? |
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