InvestorsHub Logo
Followers 121
Posts 4895
Boards Moderated 0
Alias Born 11/11/2006

Re: None

Monday, 08/13/2007 9:53:32 PM

Monday, August 13, 2007 9:53:32 PM

Post# of 143047
I don't know what happened today, but in the past, a day like today meant dilution. The company states in Town Hall that as of 07/31/07 we had 7.8 billion outstanding. Last Q just before financials, they wouldn't tells us share count. They told us to wait till financials came out. This time around, they spit it right out. Could that mean they diluted today? If the company feels financials will beat expectations, then why dilute before the numbers come out? I see the company hinted that today's volume could be from shorts taking a position before financials, thinking the numbers will be bad. I think shorts are smarter than that. Way too much risk associated with shorting right now.

So what happened? I don't claim to know, but It looked like someone big was dumping. I hope that's what it was. IMO, and as I stated a couple days ago, I felt we needed to shake a couple big players out before they would let it run.

Financials will make or break this stock. If they are bad, we may see .0001. Just too many shares out there that can be dumped all at once. On the other hand, if we show a decent profit with decent revenue growth, the stock should start moving up. Come-on Wednesday!!