Suncrest Energy Inc. (fka SNYY)

[Psionic Trader]

uwlungman has a theory that the total shares of SNYY won't change. However, most experienced people I've talked to seem to think that SNYY will get diluted to death and it won't be worth anything by the time the restriction is lifted.

What are some of your opinions on this?




Posted by: uwlungman
In reply to: FogOfWar who wrote msg# 25083
Date:1/26/2006 11:22:13 AM
Post #of 25343

Fog. Here are my thoughts on that. Re: SNYY price next year...
I don't expect the price to change too much because of the divy shares. Here's my reasoning---The share structure was reported last month to be 115,000 float with 729 million restricted. I suspect that the divy shares will come out of the restricted shares which means that the total o/s won't increase. If that's the case, then share price shouldn't be affected too much since the total shares in the company won't change. That's my hope anyway.