Tuesday, July 29, 2014 10:13:44 AM
Investing 101 also says that Equity Financing that is possibly Toxic and Dilution can put the brakes on Big runs. Sir, let's hope this ticker isn't a victim of those two items
I think the reason SEEK isn't simply shooting straight even with the increased trading volume the Market is providing this Ticker today.
Scott's 1,000's of websites, being profitable, Commercials playing, Call Center pictures, Conference Calls, acquisitions might be useless to overcome possibly Toxic Financiers who might be Big Run Killers. Let's hope this isn't the case
Hopefully the TV Ad revenue will generate enough revs to allow the CEO to slow down the dilution before he maxes out the A/S...and then what?
IMO its because of dilution that raised the O/S from 3.8 Billion shares in April to over 4.4 Billion shares in July 2014
Also because IMO Scott's Financiers are able to get SEEK shares much cheaper than what the Market can get them at
So even though SEEK may have a similar structure compared to companies trading at 5-11 cents this may be the reason SEEK isn't simply taking off like a rocket.
IMO its going to take much greater buying pressure to overcome Scott's Financiers who are possibly unloading discounted shares as the Market is buying.
So yes it could go much higher...but it wont' be as quickly. Also Scott would need to put the brakes on dilution and let SEEK
Also I do believe Scott needs to raise the funds to pay a $250,000 Debt payment on or prior to October 1st 2014. If its coming from shares then he will need to issue millions more. So even though Scott signed off on debt agreements in the past....it may have an effect on SEEK's future. This is why IMO more than 30 Days worth of SEEK DD is important to know where SEEK might be headed in the future....
Regards,
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