InvestorsHub Logo
Followers 114
Posts 11230
Boards Moderated 0
Alias Born 11/02/2009

Re: Dragon Lady post# 1182

Thursday, 11/14/2019 7:15:22 PM

Thursday, November 14, 2019 7:15:22 PM

Post# of 1455
CBDY has hit yet another 52wk low today (.0132), further driving the stock price closer to the sub-penny range. Compare the SP from today to the post-split amount of 10 cents, which prior to the R/S was .0001!!! This is Toxic Dilution at its finest!

Still plenty of shares ready to be unloaded. After all... CBDY hasn’t yet had a chance to fully max the A/S just yet.

Just looking at the bloated share structure compared to April of 2018 is scary. About 545 million shares diluted since then. 10 million unloaded in the last two months alone!

11/01/2019: O/S 569,394,316

09/02/2019: O/S: 559,031,654

04/03/2018: O/S: 25,960,163