Capital Financial Global Inc (CFGX): not if the company is dilluting, and IMH...

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purefreewater

Re: Stevebb post# 12231

Thursday, 10/03/2013 3:48:02 PM

Thursday, October 03, 2013 3:48:02 PM

not if the company is dilluting, and IMHO

The trading pattern of yesterday and today indicates that a dillution is under way !

There currently is a Bid at 23 with 2 MMs for a total of 1.37 million shares.
The only reason this Bid won't get wiped out today is that "They" don't want to COMPLETELY kill the PPS.
We had a support at .0030 , now there is a 600K Ask = CDEL !!!

I sold yesterday at the end of the day at 27 - 26 ( I HATE dillution !!!!!!! ) for a small loss

read this : "This move means we can now continue to move forward with our SEC filings
to become fully reporting, up-list, and start raising more capital."

http://finance.yahoo.com/news/capital-financial-global-engages-securities-120000620.html

.............................................................................................. GLTA