InvestorsHub Logo
Followers 0
Posts 42
Boards Moderated 0
Alias Born 06/16/2009

Re: zigzagman post# 3287

Friday, 12/04/2009 4:48:44 PM

Friday, December 04, 2009 4:48:44 PM

Post# of 7234
Read the SEC filing. They have had 2 class action lawsuits (early 2000s) that were thrown out. They also have the option of issuing 800,000 shares of common stock. I forgot the figure for preferred. About 560M shares outstanding, that represents about 15% of possible dilution up to their discretion. And that's just the common.

Sorry to be a party pooper, but that investor conference tomorrow has me worried. I've been burnt before. One thing's for sure, this is going to move big one way or the other on monday. I feel the premium will be worth the risk, but I'm not naive.

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.