Replies to post #10079 on RJD Green Inc (RJDG)

[tedpeele]

10q: <<(e) On November 20, 2014, Equitas Resources LLC returned, and the Company
cancelled 30,000,000 common shares in treasury that had previously been issued as part of the
share purchase agreement for Silex>>

If I'm reading it right those shares should be subtracted from the original 129m shares for Silex. I'm not sure where you are seeing that the Silex shares are restricted though, but the numbers do seem to add up as if they are: 99 + 11 + 15 = 125m

[rich pearl]

there's some easy math here. early last year the float for RJDG was 37M.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126683062

in the interim, in paying off debt they have converted 45M shares, none of which were restricted. ergo, 37M + 45M = 82M thereabouts. but, of course, now that the stock has retraced -- because its well known that good stocks never have pullbacks, after all, everyone holds ad infinitum -- the sky must be falling, all in accordance to mass dilution.

::sigh::

i have said and written this before and will reiterate just this once: stated floats are a nebulous that have little to do with how a stock trades. their greater service is in posing as a selling point. truth be said, we have all seen stocks with massive OS's and humongous floats trade thin, and stocks with a minimalist OS and float trade thick, so what does that say? to me -- mind you, i'm just an 'idjit' posting on a board that seems unable to come to terms with whats going on, so don't take my word for anything -- the trading here is fairly reflective of what is happening in the market elsewhere. not everything is a crass manipulation, and the volume here is neither enough to take out the points of resistance and send this on the next leg up, nor is it enough to induce a tank-fest. this appears to be an accumulators play, one thats testing the lower support bands. of course, as it is with every stock, there's always a greater risk in holding than there is in selling, especially if you have a profit. and right now the market as a whole is looking weak.

the way i see it, there is only one reason to buy -- its to make money. unfortunately, there are many, many reasons to sell. so, riddle me this: does this look like a stock entering a death throe?

good luck to ALL

rich

[pantherj]

Go to "Investopedia.com" and see what they have to say about the float vs the OS. Talk to a securities analyst. Talk to a securities attorney. They will all tell you the float is immaterial and deceptive. What counts is the OS. Because all shares have a claim on the company.