LogFAQs > #965128264

So let's go into market cap math

A company with a market cap of ~600 million is spinning off a company of value 300 million
The company with 600 million cap is giving you shares at a 10:1 ratio.

This is determined to be the fair ratio of the two companies. If market caps were accurate you'd be looking at 2:1.

BBIG to $16ish based just on that seems very likely-- that seems like where the true value of the company actually is based entirely on market caps. There are other metrics such as off balance volume (buys currently not matched by sells which shows that BBIG currently has several billion dollars worth in buy orders that aren't matched by sell orders) that put it in that range too.

But keep thinking it'll stay at $3 and I'm gonna lose all my money. I'll have the last laugh!