Saturday, November 26, 2011 9:00:21 PM
When a message board is 95% a negative sentiment it has a huge effect on new investor sentiment and long shareholders and definitely has an effect on reducing share price.
People need to understand that 100% of all public companies go public to access capital fro the markets and allow founders and stakeholders an exit strategy. In fact if people wouldn't have freaked out as drastically as they did if the share price was higher far fewer shares would need to be issued to accomplish what needed to be done. But far to many want to flip for .0001 gains and it negates the purpose of a company using stock as cash.
Fact of the matter is this stock was at $.002 with 1.4 billion O/S now it is at .0004 with only 350 million additional shares added. 350 million shares doesn't warrant a 80-90% drop in share price.
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