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otterman

06/04/08 10:55 AM

#43788 RE: Tops $ Bottoms #43787

Dilution occurred long before that price. People went into denial when the extra 6BB shares were announced as 'dependent' on deals. In the end dilution is dilution. Most of those shares have been issued, and RSHN got nothing in the way of deals. I have been preaching for years now about people discounting things like 'dependent' financing and 'restricted' shares but the same failings happen over and over. The fact remains that most of the market is driven by emotion, but its that very same thing that makes it work!