InvestorsHub Logo
Followers 5
Posts 788
Boards Moderated 0
Alias Born 11/09/2009

Re: cogitoergo post# 44

Thursday, 01/06/2011 10:38:43 PM

Thursday, January 06, 2011 10:38:43 PM

Post# of 3601
sounds to me that you are talking about preferred stocks as aposed to common stocks.
preferred stockholders have a greater claim to a company's assets and earnings when they go bankrupt.
common shareholders are always at the back of the line and usually get nothing.
but this is not an issue at this time.
the way i see it is that when a company gets reinstated it cost a lot of money so they dont just do that if there was nothing going on.
i'm betting on some nice announcements fairly soon.
and the way ppl hold on to there shares tells me i'm not the only one confident here and also looks like the float is very small.
but the qoute tells me there is 17mil o/s and 15 mil float so unless otherway proven i'll go with that.
good luck
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.