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Re: joseagro post# 13012

Wednesday, 06/18/2014 7:29:57 PM

Wednesday, June 18, 2014 7:29:57 PM

Post# of 34668
joseagro.......

if they anounced being debt free <truly debt free> with their os still at 35 million instead of 138 million.....i would be a cheerleader too......but obviously you have to consider its valuation today and going forward ...is this stock worth over 100 million??? is dilution over with even though ironridge got the green light from the courts to continue issuing shares?

how high can a short squeeze make this go?
when it went over 4 dollars the last time.......the os was well under 35 mil...and now its 138..........thats insane.........by market cap comparisons it would have to only get to a dollar for a market cap comparison pop.

would you buy a penny stock about to trade over a 100 mil based on their only news being theyve paid off most or all of its debt..still losing money and no guarantee at all of further dilution?

I would love to see this open at 2 dollars so i could get the hell out of this dilution prison with my skin still intact but you have to be dependent on the mass stupidity of new longs and a supershort squeeze if thats even likely....

good luck

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