InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,692.11
(
-1.22%
)
US TECH 100
19,202.80
(
-1.64%
)
Dow Jones
42,063.09
(
-0.63%
)
Brent Oil
75.36
(
4.68%
)
Bitcoin
61,957.24
(
-2.17%
)
Post# of 347768
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next

PlayMoneyBS

Send PM Follow Ignore
Followers 26
Posts 4452
Boards Moderated 1
Alias Born 06/01/2012

PlayMoneyBS

Re: None

Tuesday, 10/15/2013 1:47:54 PM

Tuesday, October 15, 2013 1:47:54 PM

Post# of 347768
Imagine if you will a company that dilutes with 10 million shares, selling them at .004. $40K for the company (not the shareholders, but the company). But, to make things look good the CEO of the company buys 10 million. Somewhere, somehow, with some nice accounting those shares get back to the company, but $10K is made. Well, people "running" the company need to get paid. So, the $10K goes to them. When the price goes up, to say, .005, the CEO takes back the shares from the company and sells them, making another $50K. It's like a nice little Ponzi scheme. Not saying that's going on here, but it would make a fun read or movie to watch.

Everything I have said is my opinion. If you listen to my wife, she will tell you it is wrong. If you listen to my kids, they will tell you it is right.

Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (4) 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