I've wanted to do some flipping and have, but lately I've told myself its worth over a 1.00 a share at a minimum which is 10.00 now,and I don't want to flip until I feel it might be at a point where I would be happy after my sale ,if it just kept going higher with shares I had left or if it dropped and I could reload some more shares ... Happy either way .... if they continue with dilution every time they put out some decent news it will never get there ... I might have to lower my targets just because of this fact and yes that is investor confidence erosion I suppose in a nutshell.
They need to stop ... slow down
For Christs sake if they just let it get higher they could sell LESS shares at higher prices anyway
That part of the equation is what does NOT MAKE ANY SENSE to me right now
I guess they must be fearful that with todays daytraders when the price lifts they need to sell shares immediately before the price evaporates?
You have so many forces working for and against a stock at all times I.E. Market makers/hedge funds/shorts/naked shorts/retail/institutional/insiders etc. Can be a difficult road to travel sometimes
If only I had that Cat that brings me tomorrows newspaper JUST ONCE
I'd never have to trade again LOL!
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