Newlead Holdings Ltd. (fka NEWLF)

[styl]

i wish it was you who is right...because i was long this position waiting for this debt free anouncement.....just didnt think it would be quadruple diluted between 8 days ago and now.....

what kills me is how ignorant investors are on this board always worrying about a reverse split which doesnt really change the fundamentals of a company at all...the market value remains the same in that scenario.............

and yet you didnt hear any of the true longs get upset or disgusted as I with the continued dilution and by THIS MUCH......

lastly....misquoting their os yesterday by 10% is not easily viewed as a convenient mistake.

the only way to reverse a dilution is to buy back shares of the company........but instead this company was allowing to be further diluted by outside institutions rather than to pay them the effing cash to go away..........this damage seems to me totally irreversable........

what they should have done was to be buyers of their own stock at .40 cents<if they believed in this company>.......reduce the os to 50 mil............and then anounce their current debt free position...........why didnt an angel investor come in with cash to bail them out??? simply this isnt much of a value play here still bleeding money............damn shame is what it is.......and the way its all played out resembled more like a pump and dump than anything else.....

lesson learned is to RUUUUUUUUUUUUN away from major dilution like this..........good luck in your other plays and i hope you can still recover some losses when this skunk reopens


p.s.....the small uptick with meaningless shares after hours is just late reporting or an inhouse trade...means absolutely nothing.