InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,885.38
(
1.77%
)
US TECH 100
20,058.80
(
1.88%
)
Dow Jones
43,518.07
(
3.07%
)
Brent Oil
75.78
(
0.51%
)
Bitcoin
74,384.74
(
7.31%
)
Post# of 130746
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

Stock_Barber

Send PM Follow Ignore
Followers 314
Posts 52767
Boards Moderated 14
Alias Born 08/19/2009

Stock_Barber

Member Level

Re: PennyPinched post# 46039

Monday, 08/19/2013 4:14:25 PM

Monday, August 19, 2013 4:14:25 PM

Post# of 130746
OK, we'll call it 2.25B shares that could be sold starting in December...

At .03/share the company would need $67.5M to buy them all. Where are they going to get that money? And that is at the current price...

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