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Alias Born | 12/19/2014 |
Monday, January 26, 2015 1:56:59 PM
You are not comparing apples to apples. We are talking penny and sub-penny stocks as these are the ones we are playing. We aren't playing the Bristol-Myers companies here. Do you have any examples of penny or sub-penny stocks that have no history of ever diluting?
I only ask this because you insist that the past dilution is the reason for ACGX trading this low. My argument is their past dilution is not out of the norm for OTC penny and sub-pennies. There are many that are trading at a nickel per share or better that have diluted BILLIONS and BILLIONS and yet have never had a dime in revenue! Now most of those are in the hot industries like cannabis or biotech but there are a ton of them! All they have is a story to sell and their 3 billion shares don't seem to scare people away even if they have doubled their shares 3 times in a year.
It is not the share structure or past dilution that has held down ACGX. It is simply a case of not enough people knowing about it. They will.
My opinions and comments are based on my own due diligence. It is good common sense to always do your own due diligence and never depend on others to do it for you.
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