InvestorsHub Logo
Followers 18
Posts 3082
Boards Moderated 1
Alias Born 11/20/2009

Re: nodummy post# 11286

Wednesday, 06/15/2011 9:24:50 AM

Wednesday, June 15, 2011 9:24:50 AM

Post# of 223668
NoDummy - I agree that the A/S on TYTN has probably been dramatically increased, but believe that there are several good reasons to do so, i.e.
- pay for shipping for 2000 and implements to US currently underway
- create a financing arm for customers to buy tractors
- additional shares could be collateral for large line of credit for shipping and financing.

Your DD about the IR guys is unnerving to me, but much depends on the quality of the CEO. I've been following this company for awhile now and am impressed with what they are accomplishing. This CEO has been transparent, current on filings, etc. and has a good track record of creating profitable businesses in this sector.

Give the company the chance to announce the news before shouting fire in the theater. I think they will do so today.


JMHO
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.