InvestorsHub Logo
Followers 31
Posts 2650
Boards Moderated 0
Alias Born 10/28/2013

Re: None

Monday, 06/12/2017 9:46:22 AM

Monday, June 12, 2017 9:46:22 AM

Post# of 5881
WT%#*@&? They just diluted 60% or something like that, and with preferred shares. I guess I am missing something. I thought preferred shares give the company the ability to destroy the common shares down the road and preserve the preferred shares... something like that.

So they dilute 60% and setup for worse down the road and the share price jumps 20%. Dang!!!!!!!!! I guess I don't get this stock market stuff.

$1000/share was for preferred shares which are worth over 1000 of your stinky common shares guys. Maybe that is the misread here... or I am misunderstanding something, which happens a lot.