InvestorsHub Logo
icon url

uscfan54

03/15/11 11:45 AM

#73245 RE: PennyStockInvestor #73242

Thank you for the info.
icon url

JimsZ

03/15/11 12:28 PM

#73247 RE: PennyStockInvestor #73242

So another words...

Buying a million shares at $300 and receive 15-20% gain by the dividend. If they dilute this to the .0002's then you're talking about a $100 loss immediately, so even if the other stocks didn't drop by the time your shares are sellable/received (stock will probably be restricted) you're still talking about a loss. There are plenty of plays out there with better upside than dealing with a known dilution machine who's already taken thousands for their cash