Wednesday, February 13, 2013 8:43:23 PM
Not only my opinion but also the opinion of many seasoned investors in this market. An investor who buys based on the O/S and thinks that it will remain the same is foolish. The fully diluted A/S valuation method is a tried and true means of not making a foolish investment decision.
SIRG is a perfect example of this. The A/S has now over doubled and the OS has tripled in just over two years. Additionally, the rate of O/S increase is increasing and if the trend continues it will be close to 600 million by the end of this year. Which, I suspect, the reason for the A/S increase.
O/S increase...
Dec. 2010 - 117,552,000
Dec. 2011 - 206,804,004
Sep. 2012 - 347,833,085
The chart for the above time frame paints the picture perfectly...
SIRG is a perfect example of this. The A/S has now over doubled and the OS has tripled in just over two years. Additionally, the rate of O/S increase is increasing and if the trend continues it will be close to 600 million by the end of this year. Which, I suspect, the reason for the A/S increase.
O/S increase...
Dec. 2010 - 117,552,000
Dec. 2011 - 206,804,004
Sep. 2012 - 347,833,085
The chart for the above time frame paints the picture perfectly...
All IMHO
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