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Wednesday, December 10, 2008 5:37:06 PM
Ive said this before and i'll say it again.... Before the dilution really slows down, expect to see 1 billion O/S IMO... At the rate we are going this will be reached by the end of 2009 IMO.
...but by that time we should also be trading .05+ easily IMO... Would a 1000%+ gain be good for 2009? Try to find that on the NYSE...lol.. MANY big board stocks have O/S's over a billion. Some over 10 billion.
If the cash raised via shares is put to good use, it HELPS the shareholders... If its squander, it does not. Pretty simple.
In pennyland it all comes down to the CEO, whether you trust him/her or not, cause they ALL are going to SELL SHARES.
We have seen the O/S go up by about 150,000,000 the past year and the PPS increase as well... We had higher highs/higher lows in 2008, over 2007... I expect the same for 2009.
KNOW your TREND.
PS: This is my last post for the day. I canceled my subscription to IHUB.
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