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yaboy520

11/02/11 5:18 PM

#9897 RE: mulligan43 #9896

just drop $100 dollars in here and forget about. I rather take my chances down here, rather than chase this stock once it starts to run
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CurtisB

11/02/11 6:01 PM

#9898 RE: mulligan43 #9896

Well.. I do agree even for a pinkie this stinks. However, the reason I am still here is the fact that I don't think Sketchers would let them keep using the Sketchers name on the website unless there was so truth to it... As far as I can tell, it looks like the OS is now around just over 800 million with the AS at 1.9 billion.. We have no idea what the float is. My guess is, (and it is only a guess) is that the dilution we have been seeing is some kind of convertable loan that is being cashed in. The loan was probably given some time in the last few months, so the company doesn't even care about the SP because they know nothing can be done until the loan is converted. We don't know how many shares were given out and for how much. Again my guess is that it was structured to be completed before a certain release date. You notice they are not dumping all of it at one time trying to keep the share price from dropping even lower... This may run... and it may run to very high levels.. it all depends on the content of the release with Sketchers and how their initial dept was structured.. either way, again IMO, I think it is better than buying a lottery ticket or putting money into a slot machine..''

Good Luck To Ya..