InvestorsHub Logo
Followers 100
Posts 4620
Boards Moderated 0
Alias Born 09/09/2004

Re: None

Wednesday, 12/04/2013 10:57:53 AM

Wednesday, December 04, 2013 10:57:53 AM

Post# of 91007
There is more than 1 reason a company adds to their AS. Hostile takeovers are discouraged with a large AS. Companies who are in a position to do a partnership with a much larger company has to increase the AS to be able to transfer shares to the company they plan on joining up with. They can also buy a company with shares. Soooooooooo don't count your chickens before they hatch. Nothing is known what the upper management is up to. It is that way for a reason. I will suggest this though. If it gets down to .002 again I suggest you all start buying. I will be. JMO.

Bob

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.