News Focus
News Focus

DFW

Followers 31
Posts 3921
Boards Moderated 0
Alias Born 05/13/2006

DFW

Re: ICEQUITY post# 11369

Monday, 05/31/2010 11:28:38 AM

Monday, May 31, 2010 11:28:38 AM

Post# of 38056
Not sure what you are getting at other than to watch yourself post.

OK Look at this....

http://www.nasdaq.com/aspx/dynamic_charting.aspx?symbol=SVMI&selected=SVMI&timeframe=6m&charttype=line

click on 5 year chart (cursor over line to read dates and prices)

Oct 31 2004 there was r/s that took the stock to 4 dollars and by Nov 30...one month later the stock price was 17 cents. There was 50 million O/S and 500 million A/S.....

Do the math...you figure the stockholder dilution in the last 6 years...1.045 Billion O/S (maybe bigger) and 6 Billion A/S (1000's Per cent?) This looks like a piggy bank for someone?

A R/S right now no matter how the company would spin it looks like more money on the stockholders back.

R/S's just don't work amd you pay Lawyers and Investment Bankers fees cause they tell you it will work but the CEO ends up looking like a crook..........




.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today