News Focus
News Focus
Followers 7
Posts 705
Boards Moderated 0
Alias Born 10/14/2010

Re: ORCA post# 166119

Wednesday, 05/11/2011 1:21:00 PM

Wednesday, May 11, 2011 1:21:00 PM

Post# of 241538
I understand where he is coming from but, at some point, you have to offset the dilution with a higher share price. If that means you have day traders galore with 90% of the volume as day trading and the price is back in pennyland, so be it. An awareness campaign, at this point, would be the lesser of two evils and, in the end, would supply the needed share price to be able to absorb dilution for funding until a national account is firmly established. It would buy a much needed time extension. Things are progressing but not at the original anticipated rate. Therefore, the original plan needs to be modified to incorporate the unanticipated changes and a fallback solution to balance things back out. I think he has this "vision" of doing all the right things and keeping a perfect track record and sees anything but long-traders as something that will destroy the company. Clearly, as can be seen in the last 3 days, he has a point. The problem is that there will always be flippers whether there is an awareness campaign or not. If there is an awareness campaign, at least there will be flipping going on at a much higher PPS.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y