News Focus
News Focus
Followers 2
Posts 820
Boards Moderated 0
Alias Born 07/02/2008

Re: KingofPennies post# 13659

Saturday, 10/04/2008 7:42:26 PM

Saturday, October 04, 2008 7:42:26 PM

Post# of 22460
One thing I have come to notice being in the stock for over 18 months is that whenever we see little runs like that with massive amount of shares being traded is when the dilution is happening.

I didn't want to believe he'd be doing it again but the way things have gone recently with limited production and buying new equipment, there is no way they can afford this without dilution.

However if the next 10q comes out with the same # of shares as 2q... well that's enough to push this stock up for a few days. I'd probably buy back in on that alone. If it went up, staying on the sidelines for a lil longer.

Unleash the power of Level 2

Spot liquidity moves with access to US order books.

Sign Up