I'm no day trader, but I had to sell today: 20 billion is too big a number to put forth for a company that has made no substantial announcements to justify this rise in AS. I'd feel differently if the increase came on the heels of FDA news or something meaningful, but this is too hard to swallow.
There are a helluva lotta better ways to burn day traders and shorts than diluting your company by 20X.
And while we have no confirmation of the current OS, you'd have to think the original 1.5 billion are almost used up; hence the need to increase.....but to 20 billion???????
True, but what if you wanted those daytraders out and then slowly started to increase the PPS (w/o PR) like it has been for sometime, then release great PR indicating that there is no need to increase additional shares as now you have a partnership with x company. Now, you have people wanting to catch the train up..
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