Replies to post #791 on Green Planet Group Inc (GNPG)

[Sheep]

How many shares do you think we are talking about? 50 mill? more?

[was GoldenDD]

There is 100 million in the float , we have only traded around 28 million so far. So I don't think there is any dilution. And I think we will end in green EOD .Its lunch hour now and we r only down a little.

[resident1155]

You have no idea what you are talking about. You are literally shooting the breeze with your claims, with absolutely no proof to back it up.

When a company has many shares outstanding, it means they are paying vendors with common stock. Those vendors can sell for cash whenever they please, or they can hold out for a higher PPS. My guess is they will hold out since the price is still cheap for this stock. The company is NOT selling its own shares for a profit. It is just plain stupid to make that assumption.

The selling as of late is due to CONSOLIDATION. When a stock runs 300%, it isn't going to keep going without profit taking. Learn to read a chart kid, you have no clue.