Up 50% this past month, Stem Cells inc has a Wall Street target price of $22 a share with 1580% upside and a previous value of $2000 a share.
I can also pull numbers out my ass. Why stop at $22? How about $500? Previous price levels are meaningless due to dilution. That means that the stock had less shares outstanding. Shares outstanding are the number of shares that are out there. Let me know if you need me to explain more, this is an important concept to understand!
STEM is dying on the vine....shortening of thrust....Took twice the volume to effect half the price-move compared to the previous week. Terrible entry here. Currently $1.31 and you'd have to put a stop at 30 cents. Just over $1 risk. Volatility also picked up last week.....the public is heavily involved. Too late....I'll stay clear.