bbking......
fair enough question, I stated the os <outstanding shares> in that post 5 or 6 trading days earlier, and was leaning on optimism..........in my wildest dreams thinking we <newl investors > had most of the debt paid off there and that dilution would be miscule from there......as it had already moved from its previous 10 mil os.....
anyways....from 35 os to where it is today is triple dilution......so if you were in an average of a dollar a share.........you now need it to go to 3 dollars a share to represent its market cap when you first bought it.......or see the stock trade at 35 cents rightfully so in comparison to its market cap when you first got in.......
so if i seem a bit bi polar you should consider the facts that the shareholders just got screwed big time with sooooo much dilution so quickly and no heads up....tripled its os for gods sake.
Unbelievably so, I actually added another 2 thousand shares at 39 cents aftermarket yesterday because of the insane volume push i saw around closing<i look closely for such volume pops> .........i averaged down a bit to get half of my shares out for possibly a pop around 70 cents the next trading day<open order>...........
as you know the stock is halted and i dont know if this will make a run to 2 dollars on a short squeeze or go to 5 cents for misleading with false statements.........i usually invest but its been impossible to call this anything but wild gambling with this crapola stock and its unstable variables from whence to judge it.... good luck
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