Monday, January 25, 2016 7:50:49 AM
A settlement is nice and all but if someone keeps getting shares and is just selling them in the market .... the stock will not go up.
Smarter to wait and see when they will stop eviscerating the stock before getting in.
The Outstanding shares have increased quite a bit.
January 20, 2016 there was 32,896,901 shares outstanding.
and 2 days later ....
January 22. 2016 it was 58,819,679
This is an increase of 79% in 2 days.
It's pretty obvious what has happened.
So, can you guys convince the people to stop selling shares into the market?
This is why the price sucks.
If the company got a Billion dollar settlement it doesn't matter to common shareholders if someone has an endless supply of shares and keeps selling it to the market.
Unless it stops, the price will continue downwards.
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