chartisttoo: What? We agree? Wow, wonders never cease. ;-)
And, yes, of course folks, I realize that price appreciation does rise hand/hand with realized and expected earnings and that incessant, instant, massive dilution will surely kill any chance of substantial or even decent return.
BUT, a decent and even substantial return CAN be realized if the dilution occurs in a slow, controlled fashion over a long period of time...say, until 2017. :-) Don't blow your wad right out of the gate, know what I mean? Let the satisfaction last as long as possible. There's a reason why the Schedule D's expire that far down the line.
I believe these things will happen and the price will appreciate better in the long-run w/ a R/S and a much lower float.
JMHHO,
lns