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Re: poohbah61 post# 148881

Thursday, 08/05/2010 5:56:13 PM

Thursday, August 05, 2010 5:56:13 PM

Post# of 221883
I don't understand. I thought dumping shares meant selling them. Is there some way to dump shares and be buying? So if Sloane would buy 17B shares at .0035 just to sell them at .0001. He would then be left with no shares and he would have sold each share at a loss of .0034. Even if he bought 15B more before dumping at .0001 he would still be selling his shares at a loss.


Posted by: poohbah61 Member Level Date: Thursday, August 05, 2010 5:41:34 PM
In reply to: pblue who wrote msg# 148877 Post # of 148884

Here'e that answer PBlue-

Ok, If you knew that if you needed that many shares to have the controlling vote and you needed it fast you would if:
After getting those shares you were entitled to 15b more at the market value (.0001). Then, with THAT many shares the power you were in would enable you to have the say (cash) in how the divy was paid....You would! Heck Yes!


With any stock, We have a limited amount of information to make a decision on. We are never going to completely know everything, and if we wait for 100% knowledge we would likely miss all gains because it took too long to finish research.

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