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Wednesday, October 10, 2007 11:20:08 PM
A more plausible explanation is that GGI is balancing their books....If you have followed this stock for a long period of time, you will have noticed that each month there was/is a short period where GGI is not dumping shares....previously that was not sufficient to allow for any type of real recovery in pps....under the current lower OS...perhaps the break in dilution is enough to allow the pps to trend upward for a while....
Be very very WARY...once GGI begins dumping anew, the pps will drop more quickly than it climbed....IMO....
Thus far, JF has shown nothing to suggest that shares should be valued any higher!
and a 4 Fold dilution post split with another 110 Million shares that are registered for some unkown reason suggests about a 15 fold dilution has already taken place since the RS.
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