I will post here only one more time today. I have other stocks that I want to research.
When the buyback was announced 5 months ago, the float was 2.9 Billion. The float is reaching 6 Billion now. NOTHING will move this stock until the float is reduced to a figure under the 2.9 Billion when Steve first announced the buyback. NOW, 20 PR's have been issued since then, with NO PPS uptick. The market doesn't like being lied to. If Steve can't figure this out ( and he should since many have pointed this out) then the economic cost of staying in SMAS is just too high. If he ever stops diluting, then MAYBE people will take a chance on this. Might not get in at the bottom, but won't have to sit on an investment with no upside for years either. Ride the run....if it ever happens. I have 20 stocks in my portfolio that I stayed with thinking the CEO would stop diluting. After the splits, they just sit there with no movement on the bottom again. Can't get out....can only look at the 99% loss on my books. I never expected SMAS to go down this road. But, hell, I'm just not sure anymore. He can't stop diluting.
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