Not true. The board can always authorize more shares. That is why having an un-gagged TA is critical w/ pinkies. Having said that, even if they have authorized additional shares, there is no evidence that they've dumped shares in the past and it makes no sense to dump shares at these levels.
PS...In addition, they could always dilute via a RS: RS then print additional shares.
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.