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Wednesday, July 04, 2012 7:42:10 AM
You quoted this [linked message]
Shares Outstanding: 8.424M
Float: 5.887M
on 7/4/2012 yahoo says this:
Shares Outstanding: 10.16M
Float: 7.08M
Maybe you understand this better - I read they dropped a profitable distribution business to prepare for genstrips distribution - which has stalled. Why does a firm drop profit and needs to sell shares to have money?
I believe the PR said it was a competing product line to genstrip - but companies have these duplicte lines all the time and retain the profit edge - Walmart works this way. Please refrain from stupid comments if you respond - discuss what the company released and what u learned in the MBA pgms.
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