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CHUNKY44

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CHUNKY44

Re: Rawnoc post# 27744

Thursday, 02/18/2010 4:46:03 PM

Thursday, February 18, 2010 4:46:03 PM

Post# of 312016
Absolutely correct Rawnoc. LOL, I wasn't even considering EPS yet, I'm still trying to wrap my head around the gaap theory that allows them to issue 2.5 million shares valued at $1 per share, and 1 million shares valued at almost $10 per share on the very same day. If you can help me out with that one, I'd appreciate it.

Not semantics -- the outstanding shares are reduced which in turn raises the earnings per share.

Damn Right I've Got the Blues.

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