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mysticjinx

01/18/10 10:54 PM

#22947 RE: mysticjinx #22945

The short version: It is in Engel's interest to make the stock price go up as quickly as possible, and as for as long as possible.

His interest is not in diluting the stock, selling off company stock, or selling the company. His interest is in making the stock price go UP!

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DeadCellShadix

01/18/10 10:54 PM

#22948 RE: mysticjinx #22945

Good job.
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flaflyersfan

01/19/10 7:45 AM

#23008 RE: mysticjinx #22945

mysticjinx, your reasoning is incorrect;

The CEO has no considerable stake in the company to care about PPS. He never needs to buy any stock. As a one-man Delaware corp he can simply submit an S-8 with the SEC and give himself 135 million free-trading shares that he could sell at any time.

Good luck.
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mulder35

02/18/10 10:54 AM

#29834 RE: mysticjinx #22945

TY MYstic. This needs to be reread again by all I think.
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billionbaby

02/18/10 11:12 AM

#29840 RE: mysticjinx #22945

Best post Ive seen in a while...