PAO Group Inc (PAOG)

[jabberstox]

Posted by: tukenlunar
In reply to: soupoftheday who wrote msg# 10224 Date:4/23/2008 4:39:33 PM
Post #of 12335

This is crazy talk by some here. The shares were sold to buy the land and building that this company is going to be using for its future! An increase of 27 million is NOTHING!! Thats 50k worth of stock! The market cap of this company is ONLY around 500-600k now after the eod selloff. So youre telling me that a 50k raising of funds is worth a 250k selloff in the company's value??? Are you people crazy? They bought land and a building for gods sake. They didnt line the CEO's pockets. This is a drop in the bucket. The story is the same and this will rebound big time tomorrow. Bet on it.