InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,442.50
(
0.80%
)
US TECH 100
18,428.00
(
0.53%
)
Dow Jones
40,501.39
(
1.42%
)
Brent Oil
80.47
(
-1.31%
)
Bitcoin
67,676.04
(
2.87%
)
Post# of 38473
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

moneym8ker

Send PM Follow Ignore
Followers 90
Posts 2337
Boards Moderated 0
Alias Born 11/21/2010

moneym8ker

Re: Bgallatin post# 26530

Thursday, 06/27/2013 12:51:12 PM

Thursday, June 27, 2013 12:51:12 PM

Post# of 38473
Wow...

That's the problem with dilution based stocks and the reason you can't buy their CNV's support levels... The dilution is more powerful than any support that is based on conversion prices.

It's funny actually...knowing the metrics, to see this stock drop this much this fast. It's literally lost 50% of its value in the two weeks I've been watching it and it still isn't a buy.

The three stooges leading steering this ship towards the reef can't seem to grasp simple math...

Reverse split now and the stock price would be over $2 bucks... Wait another two weeks at this rate of descent and the stock price will be between $0.50 and $0.90 which is a whole world of a lot less leverage against remaining debt.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up