Tuesday, April 02, 2013 1:20:06 PM
Forgive me if I am a little skeptical. We've been current before
and it hasn't helped.
Time will tell. I think my issue is that I have a fantastic memory and remember back in April of 2011 that the MMs had shorted 300 million shares and the stock traded 100 million in one day for no reason....
Then came the blame the company game that it was diluting....
IMO, what happens with upping the authorized is that MMs see that and know or think that more shares are coming to the market and pre-sell those shares driving it down. That's why I hated and tried to avoid A/S increase like the plague.
Even if the company doesn't dilute the MMs can short against the perception of dilution and the price dives.
Even R/S does the same thing... R/S screams more dilution, so it goes down.
We'll see how Mart plans on solving this...
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM