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Thursday, July 15, 2010 11:07:35 PM
The company has apparently chosen to stay mum on this issue making them look guilty of something... personally I think that was a big mistake! Unless, of course, they WANT their shareprice to tank? Do they?
This does seem to me to be the only logical explanation for the last many months of inexplicable (if not outright bizarre) actions by management...
Someone has been selling a *ton* of shares lately... and I'll bet dollars to donuts that it is not shorts or wash sales! So where are the shares coming from? There are really only 2 choices... the dilution shares are hitting the market, or at least one major shareholder is selling! That is reality.
If management doesn't have the wherewithal to realize this is damaging them and they need to speak up... maybe you will... can you provide any insight to cap the spill?
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