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Re: None

Monday, 05/25/2020 10:06:15 AM

Monday, May 25, 2020 10:06:15 AM

Post# of 59470
Key paragraph to help with interpretation for those having difficulty understanding! Full article follows in link. Keep in mind, the increase in shares is approved and there for them to use at the "chosen" opportunity. I'm guessing at $6+ a share they raise $ to pay preferred but at a discount since B SP isn't really moving. They might get $600-$800.

But it isn't always that bad. If the company is issuing new stock as a means to boost revenue, then it may be positive. It may also be doing so to raise money for a new venture, whether that's investing in a new product, a strategic partnership, or buying out a competitor.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.investopedia.com/articles/stocks/11/dangers-of-stock-dilution.asp&ved=2ahUKEwid-_zClc_pAhWnl3IEHdN1Af0QFjAfegQIAhAC&usg=AOvVaw0Vpjxlr8gAmzv8FgkWVJqW&cshid=1590415257441
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