News Focus
News Focus
Followers 4
Posts 282
Boards Moderated 0
Alias Born 12/31/2020

Re: OCMillionaire post# 35354

Thursday, 03/04/2021 7:14:11 AM

Thursday, March 04, 2021 7:14:11 AM

Post# of 41930
Yes i remember the last one. They had 5B, started hetting close to 40% and added 5B more, and everyone created mass panic over it, since then they never used all of the first 5B as was feared.

Big moves and plans require a lot of authorized, unused shares. New company divisions, mergers, conversions or even just to use on balance sheets for credit worthiness. It is not always, and less than normally, a sure signal of intent to dilute a stock. To use the existing number to double the authorized shares is not strange. If tgey added 50B or even 11B maybe it would be more alarming. But to use a big round number like the current total is not.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y