Ever seen a stock that reports blowout quarterly numbers, yet loses 10-20% of its value in a few trading days?
still considering this here, but I really need to clear up a few things. Are you saying that Sequiam had blowout quarterly numbers? I guess I should go take a look at their latest 10Q to see how they did. Will do that tomorrow and report back.
Looking at the chart though I'm quite concerned about dilution. I spoke to the TA the other day and confirmed that O/S has gone up over 13 million shares since the beginning of the year. Isn't that alot considering this size of the O/S? I think it's like 16%. And I've heard that there are some dilutive warrants that could increase the O/S to about 168 million. Anyway, the chart is scary right now. Over the past year the stock has really taken a tumble.
Will post again after I've had a chance to look at the 10Q that you were raving about.
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