InvestorsHub Logo
Followers 18
Posts 1860
Boards Moderated 0
Alias Born 02/27/2006

Re: cl001 post# 14152

Thursday, 05/21/2009 12:27:27 PM

Thursday, May 21, 2009 12:27:27 PM

Post# of 35738
AGT not only has potentially toxic hedges, but they also have a whopping 232.81M shares outstanging according to yahoo.

GORO has gotten to this point with no hedges and only 41.10M shares out. IF they need more money, it will be a miniscule amount and won't add much to their shares out at a share price of almost $5. Plus their last raise was over the market price with one of the top names in the entire industry without warrants or options as is the norm. To think that AGT could do such a thing is laughable imo. Not trying to bash AGT, just drawing parallels.

I sleep soundly with GORO. With AGT's pretty dissapointing history, I won't touch them. But I guess that's what makes a market. Good luck.

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.