InvestorsHub Logo
Followers 2
Posts 376
Boards Moderated 0
Alias Born 04/24/2008

Re: lc45 post# 61884

Wednesday, 05/28/2008 6:30:08 PM

Wednesday, May 28, 2008 6:30:08 PM

Post# of 87366
Or maybe they are not buying back, but selling, selling, selling. Maybe they are selling their own shares or maybe the dilution engine is revving (which would explain how we can trade $30MM+ in a day and not move the PPS).

Maybe the news that would be in a PR is not good at all such as:

1. The big deal fell through
2. There is another two billion shares in the O/S.
3. Reverse split

If they want to turn their shares into money, they wouldn't want to release unfriendly information in a PR until they were done.

IT IS POSSIBLE.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.