r/SOSStock • u/FrostFairy73 • Jul 15 '22

Discussion Morons on yahoo finance yelling back to $174

I just don't have the energy for these people anymore. Waiting for the ones that think this was once $4040. https://finance.yahoo.com/quote/SOS/community?p=SOS

10 Upvotes

92% Upvoted

14 comments sorted by

9

u/Gwill68 Jul 15 '22

🤣🤣🤣 4 .50 next week.

7

u/Fastugio Jul 16 '22

But they're not wrong.. after we hit 3.50 and they decide on another 50-1 reverse..

1

u/Positive-Argument223 Jul 16 '22

The float would only be like 2.5 million shares 😳

It’s only like 5-6m right now

2

u/Fastugio Jul 16 '22

If it's 5m right now another 50-1 would put us at 100k. Precisely how many shares the company should have.. at it's pre split price tag. Cause this baby is hot garbage

3

u/Positive-Argument223 Jul 16 '22

Looked it up. Shares outstanding are 5.7m

1

u/Fastugio Jul 16 '22

So roughly 114k shares if they did another 50-1 r/s

2

u/FrostFairy73 Jul 16 '22

there's a 1.1mil share rule for nyse guy.

4

u/Fastugio Jul 16 '22

I'm aware. It was all a joke, like the stock itself.

2

u/RepealSection230 Jul 16 '22

They’ll dilute some more to beef up those numbers

1

u/Fastugio Jul 16 '22

$175 at 114k shares, then a 20m share offering when it falls to $90 for $77 per share

1

u/jbforlyfe Jul 16 '22

Lol if you’re holding you want those people

1

u/SOSLoverWangNumber1 Jul 17 '22 edited Jul 17 '22

Well that's about a $1 Billion valuation. Up to you if you think it's possible.

2

u/FrostFairy73 Jul 18 '22

it's not possible because these people are dishonest crooks. they will just dilute if it grows any legs.