Know the difference between dilution and increase of share count for expansion of business. If dilution is occuring for no reason other than to line pockets, a huge A/S amount is set up and the increase in O/S is much larger than the minor 30M with GBDX. Plus, the circumstance with GBDX is specific to the merger created by the former mgmt. of WWCD.
They merge to make $, thru increased production, sales and revenue as done with past mergers. Yes, some bs companies dilute with made up PR's and nonexistent revenue potential, pending financials, blah blah.
Need to know the difference!
To be frustrated because you bought at the top of a short term run and then bash the stock with non factual response is unacceptable.
As I stated before, I'm sure with the current uptrend in pps you can sell off your position without a loss and move on.
Much luck to you though!
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