Your post is all conjecture and "likely" is a 6 letter word for "if"...both are meaningless...why in the world would I base my chart on triple the o/s...when that is not the case...Now any of this can happen but as of today it is not a fact and cannot be considered or treated as such...
There are many reasons to raise an a/s and not all of them has any bearing on raising the o/s...
TRIPLE SHARES "likely" to enter the market, diluting share price as a result. There would be zero need to triple the AS unless the CEO intends to "spend" those new shares into the OS.
Redo your chart with triple OS and see the result.
I can list hundreds of tickers that had a/s increase and made great moves...I already posted this one as well as another on this board...
APRU ran from .0001 to 05 range...
Authorized Shares
50,000,000,000
12/31/2013
Outstanding Shares
4,834,689,629
03/31/2014
Have a great day...
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