Saturday, May 10, 2008 9:52:24 AM
The lower the O/S of course the better as this is how earnings are calculated. As we all know, most penny stock companies do not have earnings, they lose money. Traders, pumpers, and bashers like companies with low O/S because they can be manipulated. Large groups can come in, front load, pump the heck out of the stock, then dump it on suckers. They could care less whether or not the company will ever make a dime or survive. Mr. Sanford's strategy was to increase production and revenues, so far its working. Oil is at record highs, and ALRY is producing more oil! Just remember, if you're an oil company, you have to produce oil to stay in business, you can't rely on a fancy office, a buyout or lower O/S.
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