InvestorsHub Logo
icon url

Mustang66

07/24/09 4:27 PM

#12079 RE: mike93433 #12078

That is still a heck of a reasonable number of OS. We know that many of the pinky's are in the billions. I always hope though that the increase goes in the right places like acquisition, product roll out, and marketing, etc, vs in the pockets of management.
icon url

ashy2classy

07/24/09 4:30 PM

#12080 RE: mike93433 #12078

Thanks, Mike...as we saw after yet another large sell/buy EOD this still moves on air. Assuming the shares are going into stonger hands these extra shares shouldn't be anything to worry about.

It was pretty clear new shares were entering the float in the past week(s) but there was no indication from the company so we were left in the dark. It would be nice to see some sort of filing to show the official change.

FWIW, I added twice today.

GLTA.
icon url

c7bk

07/25/09 11:07 AM

#12100 RE: mike93433 #12078

25M increase in O/S?

I dont like that. I see no reason for them to need to issue shares with whats been said so far. With a $350 Million Bond Issue, this shouldn't have happened.

And contrary to what some say, 25M increase is not insignificant! This explains alot (and creates questions as well)

icon url

Shawn Carter

07/25/09 2:51 PM

#12121 RE: mike93433 #12078

In the future, call the transfer agent. CEOS have been known to not have the most recent information. on this or any other stock.