And once again there is ...
... a new group of TIV sharebuyers who are 20% down in a couple of days.
TIV, the stock that keeps on taking.
Interesting about the 10-year old price and greatly increased outstanding: if the PPS was the same and just for example if the O/S was 4 times higher, then if the market was valuating TIV accurately the company would be worth 4 times as much now as 10 years ago.
Now, that's a big IF and a big "would be" lol.
The sad thing is, if printing shares is the only way a company can get its market cap up, the regular shareholder just gets killed unless he/she just keeps buying and buying, trying to catch that falling knife and averaging down while hoping this ever-hyping money pit of a (electric company / wildcatter / exploration company / contract driller / rig-renter / oil sands steamer / calcium miner / gold-digger / pick your business plan for the day) finally puts some worthwhile numbers on the bottom line.
jmho
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"