rmm243
You wrote that all the shares that traded in the last 6 months were dilution. I don't know what that means.
Shares traded and that means a seller was selling and someone WAS BUYING.
If the shares that hit the market were a result of a capital infusion into the company and resulting in dilution, then that is factual but the other fact is that people were buying the stock so that means new investors were coming in and buying. Yes there could be some investors averaging down but usually when you have this many shares outstanding and thousands of investors in a company, usually very few current investors will buy more stock in a sub-sub penny stock.
I agree with your opinion that there has been dilution, but dilution or not, people were buying Tesoro on the open market.
At the end of the day, it is up to the company to run the business so the market-cap goes up. If management further dilutes the company and issues another billion shares, the stock can stay flat at 0001 and yet the company becomes more valuable because the market cap goes up. This is obviously not good for me, but that is the dangers of investing in a cash-poor company with losses and negative cash flow.
If you were looking for a company to go from 0001 to 0010, then a retail seller like Tesoro is not the company.
Companies that see that type of increase in stock are growth companies and companies with a home run potential like internet companies, bio tech, software, etc.
Retail sellers of floor products is not a sexy business and that usually means 500% jumps in the stock price are unlikely.
