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Alias Born | 05/14/2011 |
Wednesday, June 15, 2011 6:27:59 PM
I'm going out on a limb and saying that $12 mill is going to be put to good use in making sure this company grows. Of course I would say that because I'm a long working on my second million shares. Of course, a short or someone that is looking for cheaper shares would try and spin it that the extra shares are so the owner can sell more and make money, not by his business, but just by selling shares of his business.
Anyone here will have to decide for themselves if this has been only so the owner can make money be selling more shares, or if the owner needs those shares so he can grow the business. However you figure out the answer to that question will determine whether you sell, hold or buy more in this range.
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