InvestorsHub Logo
Followers 16
Posts 846
Boards Moderated 0
Alias Born 04/24/2014

Re: envirogym post# 88490

Thursday, 10/15/2015 2:40:59 PM

Thursday, October 15, 2015 2:40:59 PM

Post# of 91007
I'd really like to be excited about this, but:

So long as there are BILLIONS AND BILLIONS of shares of A/S that the company can sell (and they are - I'm certain of it), the demand will never outstrip the supply. That's going to keep the value of the stock extremely low. Until they manage this ridiculous dilution that they created as a result of the toxic financing, we are trapped at some pretty crazy low PPS numbers. I don't care if they cure diabetes tomorrow, they have to solve the dilution issue.

My .0002 cents.

My own position is that such a position to hyperdilute this stock by the board was both understandable AND reckless. Yes, both. I understand why they did it and it was a reckless thing to do.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.