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samurai sven

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samurai sven

Re: Traderfan post# 25683

Friday, 05/16/2014 12:53:26 PM

Friday, May 16, 2014 12:53:26 PM

Post# of 54103
I think you're right on the money. If the company had let people know early on that there might be such an outlandish degree of dilution on the horizon, I don't think shareholders would be feeling so betrayed. It's not illegal what the company did, but it is tantamount to a bait & switch. Following dilution, the shares just don't hold the same value - and it keeps happening!
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