InvestorsHub Logo
Followers 25
Posts 2553
Boards Moderated 0
Alias Born 08/10/2009

Re: nutriman24 post# 45134

Tuesday, 07/06/2010 11:16:30 AM

Tuesday, July 06, 2010 11:16:30 AM

Post# of 58465
definitely not IMO. they have plenty of shares left to dilute.

i have to disagree with you as the volume is still under 4.5 million shares traded. the outstanding share count by now is likely 1 billion+

wayyyy too many shares to go man. This is going to get as close to .01 as it can. toxic financing shares were sold at .01. last year they were sold at .10. it never dipped below .10, not even on agenda dump. took for new dirty shares to be wrote below .10 in order for it to go there.

now, i feel like history will repeat itself and it will not go below .01 for the reason that toxic financing always has the advantage in share price. i feel that anyone expecting anything less than .01 is wrong.

1 mil shares at .01 is 10,000$. it needs to be in the .01 - .02 range if they are gonna dilute billions of shares...remmeber early April 2009? And May 2009? 1 Bil+ share days?
Join InvestorsHub

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.