InvestorsHub Logo
Followers 75
Posts 9160
Boards Moderated 0
Alias Born 04/25/2002

Re: Uranium post# 931

Wednesday, 02/13/2013 7:06:36 PM

Wednesday, February 13, 2013 7:06:36 PM

Post# of 1704
Uranium... All I'm referring to is a conversation that I had with the IR guy a few weeks ago. He made it clear that they need to sell more shares to keep funding the company because they have no revenues per se. Per the IR guy they are waiting for the PPS to get UP their so that they can dilute (sell) which of course will drive the PPS down and > the O/S. My guess is that they have been selling into the .18 PPS which has pushed the PPS down. More selling to come IMO. I'll buy again at .10 but I'll sell again at .18. This stock has no income statement yet so I'm not doing anything over the long haul. Too risky.