InvestorsHub Logo
Followers 6
Posts 503
Boards Moderated 0
Alias Born 03/10/2011

Re: PennyNewby post# 3153

Monday, 03/21/2011 10:15:53 AM

Monday, March 21, 2011 10:15:53 AM

Post# of 15259
Penny , I sure hope NOT , but I am worried that the compamy may be tempted to raise all cash they could all the way to .00X and R/S again , and look for new investors . they did that before , Now why not doing it again if they know they can get away with it !!! I honestly was giving them the benefit of doubt till mid of last week , and yes its been New 52 week low almost every day for over a week now , even companies filling chapter 11 dont go through this trend . Honestly I dont know whats going on , but when millions of shares been sold at new 52 week low for days , It does not take a genious to figure out who can afford selling at these prices ! a company can short sell its own shares and they call that DILUTION , and that invites all short sellers from every where to join the feeding Frenzy , only Investors get scre**d .