InvestorsHub Logo

xZx

Followers 1268
Posts 80968
Boards Moderated 4
Alias Born 02/17/2005

xZx

Re: wallstreet1231 post# 16840

Thursday, 07/03/2014 1:30:48 PM

Thursday, July 03, 2014 1:30:48 PM

Post# of 129198
i see stocks with 2.5B authorized shares running to pennies quite often.

even stocks with 2.5B outstanding make that type of run, on a routine basis.

if debt holders convert enough cheap stock on the dips, they'll be happy to work out a game plan to sell that paper at much higher prices.

jmho.