Replies to post #52761 on Mike The Pike Productions Inc (MIKP)

[imiloa]

Cowboys, that's pinks for ya.
My manta remains: "the stock is not the company."
Repeat 3-5 times before you buy any stock and before you hesitate to sell into a run.

Per my posts through this run, it seemed inevitable that we'd slide again post-promo.
If I had the time to watch L2 last few days, I would have unloaded 1m or so over the course of the rally, aiming to buy them back after.

Sadly, big client deadlines today kept me coding instead of trading.
And now that I have time, we're back down under 0040.
Oh well... ;)

[imiloa]

btw, re: "people that actually support the company getting raped"

We got hosed by the 100:1 RS last winter, but not that badly yet, as Mark hasn't yet diluted us back down to 0001 trading range.

As before, the key questions, imo, are:
-- How many more shares Mark will dilute for rent, before he starts getting revenue from the films?
-- Will Mark stop diluting once he has film revenues.

If Mark dilutes us back to billions, then does another RS, giving himself new post-RS shares, then all of us who stuck it out will be truly hosed.

But if he only dilutes us to the 300m-400m range and holds there, we could still get out okay.
Only time will tell...