Replies to post #8080 on Pilgrim Petroleum Corp. (PGPM)

[Tlinglit]

Is that bad? There are large, high valued companies with huge outstanding shares. Bank of America, for example lists 4.6 billion shares and they're trading at $33. I'm not comparing the two, of course, but my question is does a large number of outstanding shares mean the pps can't rise much?

[thineer]

You don't think it is illegal to pour out more shares while they have announced buyback plan?