AAP Inc (AAPJ)

[space1230]

Very plausible. IMO, I don't think there is too much downside from here. Main issue is that the company did this change and is being leisurely with shareholders. PR should have come first, no? I think so. S/S is not bad at all, but then again ... it's always been good. Just not a lot of interest here. Maybe if they step up their game, their sock will be taken seriously

On 9/8 it was reported that non restricted shares increased 43m. This week $AAPJ traded only 67m shares.

Use your heads people. The issuance of 43m non restricted shares is so they can be immediately sold into the market as compensation for some type of service, most likely related to the coming merger/acquisition. The proof of a merger/acquisition was the increase in authorized shares to 3b on 9/8 as well.

I believe many of the shares sold at the bid this week were the newly issued non restricted shares. The service provider
wanted to br paid. Can't blame them.

Therefore, this explains why the pressure on the stock price this week. The float is tight here folks. In my opinion, once those shares are completely absorbed into market $AAPJ will resume the uptrend. And once news is released confirming the merger/acquisition, blue skies will prevail