For those of you who are speculating that the company is selling or insiders are manipulating their own share counts by selling and rebuying, this comment was also part of a recent conversation I had with my knowledgeable investor.
"I noticed that Colorado seems to think the current stock price issue is direct investors buying at a discount and dumping, then reinvesting for more shares. (msg# 26119). I don't know anybody that has done that personally, but I am sure some of that occured along the way, but the company stopped selling free trading shares a few months ago and hasn't even sold restricted stock recently, so that scenario just isn't possible for this recent dumping."
However, the company is adding shares to the O/S, but these shares come from lagging direct orders that are yet to be printed and shares coming off of restriction. But if the company has not sold "free" shares in quite some time and stopped selling "restricted" shares recently, the post about overall value and dilution must be spot on.
Thoughts?
