China Armco Metals Inc. (CNAM)

[viking86]

yes, a low float and high eps growth makes for explosive price moves, not only in one direction. In my posted projection for 2011 eps, I already used the max. diluted share count of 14.8M based on all current warrants and options that I could find on recent reports. It's very likely that they will add another plant or new production lines to the existing plant once they have got enough contracts. So some further dilution will come our way but as long as it is to buy more revenue and earnings and is done in a responsible shareholder-friendly way, it's just fine with me. We expect it with any growth stock don't we?