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Lone Wolf

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Lone Wolf

Re: Sone post# 225

Wednesday, 06/29/2016 1:45:41 PM

Wednesday, June 29, 2016 1:45:41 PM

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Folks unfortunately associate them with pink sheet RS's as they are done for the purpose of dilution. This company didn't need to implement one as SP traded above and closed about a buck a couple times in the past two weeks....so I'm very curious about the timing.

Consider, fewer shares and new Fortune 100 accounts means that earnings will beat estimates...which typically won't account for an RS. So...what will an earnings beat and fewer shares available mean? Think that's more the reason for it especially since management has been on a share buying binge recently. That's why I keep adding with any decent dips. Trend remains to the upside.
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