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Re: youngtrader03 post# 22047

Monday, 09/19/2011 10:32:13 PM

Monday, September 19, 2011 10:32:13 PM

Post# of 26430
why hasnt the price moved in any direction? what needs to happen in order for the price of the share, .0001 to move?

It won't move, the O/S is bloated to nearly 40 Billion, as I stated before, that is enough to give EVERY MAN WOMAN AND CHILD 4.8 shares a piece, the company does a R/S every 2-3 years, and they are due for another one this year.

are there too many outstanding shares?

HELL YES...way too many.

are people just still buying shared that are from the company?

No one knows for sure if they are still dumping shares, except for the company, but from their past experience I would venture to say YES...

just wonering and looking for answers, like i said i am relatively new to the stock "game"

Hope this answers your questions,

I was new once and I bought into a diluting PIG CMKX, a diamond mining company, the had like 750 million shares O/S.

P.S. Don't buy anymore...

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