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Alias Born | 06/17/2009 |
Sunday, August 29, 2010 10:17:51 AM
(I know, I know ... it sounds crazy .. but some of BEHL loudest supporters are still saying dilution is not a factor here)
Do you realize that on Feb 12th of this year, the AS was raised from 750 million to 1 billion, followed by another increase in June to 1.5 billion.
As of Aug 18th there were ~1.5 billion outstanding ..
So that boils down to ~1 billion newly issued shares, in the last 6 months. For those screaming about manipulation and naked shorts killing the share price. Please provide some evidence that shows those forces are much stronger than the 1 billion new shares.
As far as I'm concerned, your argument is like the previous PBR version. (it doesn't hold any water)
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