I don't look at one day of trading and try and figure out if a companies dilution machine is running full blast.
I look at months of trading history and according the the facts , RVGD's dilution machine is running full blast!
When I first stated trading RVGD 4 months ago , the O/S was around 60 million shares . Only 80 trading days since that time , it has grown to over 1 BILLION shares!
If you add in Carnes 240 million restricted shares and what ever else the company is hidding from shareholders , that means the A/S of 1.5 Billion will soon be tapped out.
With a gagged T/A its hard to know for sure , but they've at least admitted to the 1,040,000,000 + 240,000,000(restricted)
Thats an avg. of over 15 million shares added to the O/S over the last 80 days.
15 million shares doesn't sound like alot , when your looking at a billion share float , but when you think back to the first of the year , when the float was 60 million , then you realize that its a 25% increase per day!
So you might want to pull your head out of the daily numbers and look at the bigger picture.
GLTY