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Re: PennyMann post# 66248

Friday, 03/28/2014 3:37:10 PM

Friday, March 28, 2014 3:37:10 PM

Post# of 81577
Pennymann, Yes that's how stock markets work!

You said:

Hmmm, existing shareholders are selling to existing shareholders? That's why CAPC is up 20%+?
Oky doky...


let me assure you that the CAPC stock shareholders buy does come from existing shareholders whether the purchaser is adding to, or initializing, holdings.

We cannot directly purchase treasury stock.

The stock was up "20%" because people were willing to pay "existing shareholders" a mutually acceptable, increased pps for their shares.

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)