Replies to post #4242 on Alloy Steel Inc. (fka AYSI)

[BRIG_88]

looks like AYSI's boiler blew a gasket and is leaking out it's corporate life all over the ground....my condolences once again....BRIG

[Rawnoc]

Seems to me that savvy investors should take dilution warnings more seriously if they are repeated as the financial results get more and more ugly every quarter, no?

[Rawnoc]

BAD NEWS MY FRIEND -- THE DILUTION WARNING showed its ugly head for the first time in August 2008, just as AYSI's operations began to fall off a cliff.

>> It's boilerplate if it appears every Q <<

Maybe, but it does NOT appear every Q. I just looked it up. They apparently started looking for EQUITY FINANCING a.k.a DILUTION in August 2008 as their operations began falling apart.

Now the stock is .24 X .25 -- they going to get that DILUTION at .10/share? Less? my condolences.