Sixty Six Oilfield Services Inc (SSOF)

[wadirum1]

What is the A/S decrease to 250M for?

They raised it from 100M to 600M. Then they lowered it back to 250M.

From 100M to 250M is a net increase.

And the A/S is not really a big factor here. Much more significant is the fact that he issued those A-1 preferreds.

What do you make of that 97:3 ratio? He basically kicked common shareholders to the curb, while also issuing more. Peach of a fellow!

Then again, folks should consult an investment professional -- and not the undisclosed awareness folks on this board.

And read the filings.

If you follow these steps, you'll see that MBHC is maybe not what it is being portrayed as.

Or buy a ton and hope there is a greater fool out there. Be my guest.