""It's probably because the management of GTCB snuck in another 100,000,000 shares into the LBF deal. On top of the ten year warrants that were issued to Harris Partners.
Every shareholder can expect to be diluted by 100 percent or more in the next few years.""
I've been criticized for spewing the above.
Logically, the share price should hover here or even drop until the vote results or the end of the year, unless of course there is a buyout.
Dew et al, im down 14%-15%, so that makes me a lousy investor, however the lesson learned for me here is....
-no significant insider ownership,
-red flag with 10 year warrants sold to hedgees,
-breakeven earnings guidance is further out than the cash on hand.
jmo
