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RickNagra

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Re: Daytrader2013 post# 54834

Wednesday, 04/30/2014 9:05:26 AM

Wednesday, April 30, 2014 9:05:26 AM

Post# of 179937
The number of authorized shares is decreasing. Share price is market cap divided by outstanding shares. Since the denominator has been decreased the quotient will increase. Quite simple grade 4 math. Do you pass ?
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