Friday, May 15, 2009 1:19:14 AM
think it was the shorts shorting the wrong way, then having to cover higher up?
If you feel comfortable shorting BLDV on an increased float go ahead.
"Its all money after all"
Just because the shares sit on their books, to me means they have the control. The company controls the majority shares.
A higher shareprice with higher float, equals a higher market cap
A higher market cap also makes it easier to offer shares to merge with other companies.
But if you feel comfortable that Quincy will be pounding millions of shares into the ground at less then fractional pennies, be my guest!
up 300% yesterday will be forgotten I'm sure, but I bet some are already caught off guard by the move
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