Tuesday, December 11, 2007 2:39:08 PM
Let's look at your potential scenarios along with one you seem to not want to pay much attention to...
1. The stock market is full of traders. If there is a legitimate long selling shares, the seller could easily have a 15% or greater gain and has decided to sell on the rumor of news. If that is the case then anyone has the choice to sell along with this perceived seller or hold for potentially greater gains.
2. If the company is diluting then all you need do to confirm your fears is to call the transfer agent. If they aren't diluting, then you've easily removed one of your fears and will have no need to worry/post about it further. If they are, then you should be able to find out some idea of how much they intend to dilute and make whatever decisions you deem necessary.
3. This stock could be the victim of illegal shorting practices. If this is the case and it makes you uncomfortable then you really only have two choices: Sell any investment you have here or choose to go along for whatever ride the future brings. It really is that simple, unless you choose to become proactive and fight illegal shorting. Then you're in for a long education and most likely a very bumpy road.
Not much more for me to say on the subject.
Good luck to you.
Unless otherwise stated, any and all information I post is my opinion which is subject to change. I accept no responsibility for anyone who chooses to take any action based upon anything I post.
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