Tuesday, July 30, 2013 1:47:04 AM
n' just to be clear BAC @ $14.50 has over 10B shares in the float
sprint S @ $5.70 has just about 3B in the float
so to say too diluted is incorrect when value is present Market Caps go higher.
Here we have GYST Bottom Line is GOLD + More Gold, A honey hole location that yields a valued commodity or resource, Revenues, News, Acquisitions, JV's, Yes even a major Private placement Potential Value, Buy Out, After the Notes are done they can retire 3b-4B shares, A Share Buy Back program, Dividends, Spin Off all this is on the table maybe more and wide open...
If there was nothing here you wouldn't waist your time posting about it so I would have to believe your interested in something? I have seen Pinko stocks over the years make major runs with billions of shares in the float and if you look around enough you'll find many company's with similar Share Structure to GYST trading at .005 - .0075 and even penny to penny's
also consider that it's possible for a huge shorter to cover a very large short position by covering his position with the delivery of the shares for the notes at next to nothing prices and it doesn't even add to the float cause the borrowed shares are then returned and the stock had been trading at the same amount of shares already in a sense?
Until the regulators do a better job of policing the stock market in general, and particularly the world of penny stocks, “buyer beware” will continue to be the golden rule of investing.
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