InvestorsHub Logo
Followers 119
Posts 15167
Boards Moderated 0
Alias Born 08/31/2006

Re: BigShooter post# 66176

Monday, 06/26/2017 7:53:38 PM

Monday, June 26, 2017 7:53:38 PM

Post# of 85026
Right after the rs when the os was like 45m I bought 1m shares thinking they just rs so it might pop... wrong. Look closer at the way the preferred shares are structured and see that common shares can never really gain value with the conversion ratio. Hence I say ponzi because the shares coming in will always be growing and they will always be funding the first in preferred. Trust me, I want it to pop because I have 12's, but they raised/ took off of restrictions to the tune of probably 600m shares in a few months. The big ass t-trades you see are actually the cover trades for shares diluted into the market. Sucks.. yes.. will it change, I doubt it.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MRNJ News