Paulness.you say the big boys are buying.That is true but it is not the big boys that bought the 30,000 shares yesterday; as skooby has said we have no debt and if you check quarterly reports we have no money. MS said on one of the ceocast that cygx has a burn rate of $3,000,000 a year so how is this company being financed? if you look at there history you will see that it is done buy selling stock, but its not on the open market. Yes, the big boys are buying at. 03 and. 13 a share. If the market price is. 33 what do you think the big boys are paying and how many shares do you think were sold this year to get the 3 mill?
This history might help you.
... ....... SHARES------------SHARES--------------PERCENT
........... OUTSTANDING------ISSUED---------------DILUTION
DEC..... 88.... 16,485,700
DEC......99.....24,090,520..........7,605,000................46%
DEC..... 00.... 28,066,550..........3,976,000...............16.5%
DEC..... 01.... 44,343,420.........16,277,000...............58%
DEC..... 02.... 61,045,610.........16,702,000...............37.5%
JAN..... 04.... 98,725,000..........37,680,000..............61.5%
Arnold
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