I think this is pretty basic. Before we had the majority of the lil flippers from the low "fee" trading companies trading in a chaotic time table. The change in CUSIP grouped them all together in a giant wave of sells after the freeze let up.
It's scary to not be able to trade when time is money. Now that they all sold and all bought back in they are no longer out there flexing against each other viaing for prices.
They all sold and they all bought...now we deal with the wait for the waves to return and the new blood to thin this out. There is gonna have to be some dumping at a loss or at least a loss on the trading fee and some holding no matter how painfull.
I see - but it doesn't make corporate sense to be diluting at these levels - and it makes no sense to be buying back shares and these prices and then diluting at these prices...no value there. If you look @ the annual 2006 statements on Pinksheets you'll see that up to 2005 (prior years) they issued 26 million shares and raised 1 million dollars. Last year they issued 4.3 billion and raise 1.4 million dollars? See, it doesn't make good business sense when the share price is this low...
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