It pretty much happened that way in'08/09. The company repeatedly claimed they were not diluting back when the A/S was around 500mil or so. They then announced later in '09 that they finished diluting and the A/S was went up 50%. Now keep in mind the initial catalyst was the conversion of Pref to common. As you recall the pps rose 200% that day. Prior to that we were in the trips to .0012 for what seemed like forever. Wonder what the catalyst, if any, will be this time? Let's hope we know sooner rather than later.
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