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AlanC

12/12/15 3:40 PM

#10981 RE: TenKay #10978

That is a two way street. I do know that some of these companies are set up to do little more than sell stock via dilution while paying huge fees and salaries to themselves and these criminals should be caught quickly and prosecuted. On the other hand not all companies are doing as you suggest and they are in fact being abusively naked shorted and those that are doing this should be locked up as well.
Companies become public to access capital so naturally there will be some dilution otherwise why go public? The abusive naked shorters however capitalize on that and sell millions or sometimes billions of shares which drives down the price and increases the number of shares outstanding dramatically. Trying to deny that this is happening is ludicrous it is going on in many many cases.
I would love to see NMGL distribute the liquidating FFGO dividends A's and B's subject to our brokerage firms delivering FFGO shares in certificate form to the transfer agent. Shares or cash in lieu would be fitting.
Go NMGL!!!