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AccipiterQ

10/13/08 10:09 AM

#9491 RE: reversesplitFTW #9490

I really thought they'd put out a PR or some sort of filing today. This is edging dangerously close to stinky pinky territory...which is quite a shocking turn. They diluted and it's starting to look less like it's for a merger of some sort and more to pay off some loans they had in default..
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learner1156

10/13/08 10:18 AM

#9496 RE: reversesplitFTW #9490

There are situations where a company would want their pps to drop - e.g., they may want to buy back some shares. Note, that is an example; I am not suggesting that is the case here, as I don't know what they are doing. I only know that their track record so far is at odds with the way some of us are interpreting their actions today.

I plan to be positive until shown that I should no longer be positive.