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yungmoon

06/20/09 12:07 PM

#8344 RE: pocketfullofpennies #8343

What difference does that make when playing this?
If I have $100 of stock before the R/S I still own $100 after. Won't the price be raised accordingly?
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kzivann

06/20/09 12:46 PM

#8349 RE: pocketfullofpennies #8343

A/S 5 billion becoming 500 million is a reduction....your view is the relative % has change is correct....but...the usual R/S has no reduction in the A/S.....There are several ifs here....that is why it is a lotto....if the new company is truely as profitable as the unaudited financials state....if they do not flood the market with shares immediately after the R/S....If I owned a profitable private company, would just give it away...no...I would not....my opinion about what the PPS should be is why I bet my $$$$...what the market determines my be higher or lower....this does not look like a B/S scam to me...but that does not mean that it is not....imho
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diddi

06/20/09 1:37 PM

#8352 RE: pocketfullofpennies #8343

Were did you read they're going to increase the A/S ??
It's going to be divided by 500, same as the shares imo...