Blast from the past. Sometimes I need to remember what got me into Hemi in the first place and when you go back and read the old posts everything comes back to jar your memory. Boy was I stupid to fall for this s--t
1053 lowman Monday, December 18, 2006 11:03:22 PM
Forgive me if my reply should be harsh, but to nip it in the bud, let me say this: we are talking about a company who's insiders own well over 1/3 of the company.
We're talking about a company that is debt-free and has considerable hard assets (not just leases).
We're talking about a company that is not only cash-flow positive, but in an increasing manner.
The thought that dilution will hurt this company is just short of ludicrous.
Why?
Because the fundamentals outlined above are more than indicative of the company's ability to act in a manner than is shareholder friendly, to say the least.
Personally, I welcome dilution because I'm not blind. I know that WHATEVER Keith uses it for, will serve well to add to the value of this company.
It may do well to remember just what a publicly traded company is all about: The issuance of shares for the growth of the company. (When done responsibly, it has fostered the growth of practically all publicly traded Fortune 1000 companies).
