InvestorsHub Logo

justinbailey

07/22/20 9:59 AM

#21129 RE: mrsdoubtfire #21126

They are printing enough shares to guarantee a most cost-efficient buyback at trips. They know exactly what they're doing and it is NOT in the interest of shareholders to crash the stock. Shareholders aside, it doesn't make any sense for them to do a buyback at current prices because OS won't be reduced by much at current prices. I've seen dilution before, but never this bad.

Guesses based on current drop rate:
Today: .0033 Low
7/23: .0028 low
7/24: .0023 low
7/27: .0018 low
7/28: .0013 low
7/29: trips

A little more realistic would be trips by Aug 3rd since we've had a few times in recent history where we closed even.