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russo123

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russo123

Re: Jerry70 post# 7102

Wednesday, 07/31/2013 11:13:37 PM

Wednesday, July 31, 2013 11:13:37 PM

Post# of 20999
They've actually done this crap a few times. And the trouble with thinking it's gonna bounce now is that 153 million shares traded which means someone bought 153 million shares this cheap. So if this bounces a little bit, the people that bought down here will turn sellers.

The real issue is HYII gave all these shares out for essentially free and added them to the existing share base. And the problem is they probably got less cash out of this then the people they gave the stock to.

This post is my opinion and should not be used as investment advice.

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