corporations offer stock and some do use it to dilute and get more funds but why do corporations do it because someone or many pound the stock to the no bid level and keep them from running like they should and force dilution as stock offering is for the company to have access to funds to build companies
Thank you for that lesson, wrenchman...I am always willing to learn.
So what I believe you are trying to tell me in that very long sentence (perhaps you should read about the use of punctuation and become more knowledgeable on the subject so your posts can become more intelligible) is that one or many were pounding FFGO stock to no bid level.
Are you referring to shorters? If so, I never noticed those figures on the semi-monthly Short Sale Lists. And please don't refer me to the Daily List published at the end of each trading session that doesn't take any settlement period into consideration as does the Short Sale List.
And you can't possibly be talking about naked shorters because the company has stated at least twice that there was not even a shred of evidence that naked shorting was a major factor as apparently was the ongoing claim of shareholders. I can once again give links to those statements, if you like.
And as for using a "There is no naked shorting" story as a means to trap shorty, well, I will tell you another fact. Both the SEC and the DOJ frown on companies lying to shareholders like that, if that was the case. Maybe if they had never made that public statement, you might have an argument for the super secret plan. But once the company announced that they didn't see any sign of such shorting, well then, the door was pretty much slammed shut on that defense.
Now I do agree with you that companies offer stock and dilute it to get more funds but I don't recall FFGO ever stating that that is what they were doing because someone was forcing them to. Perhaps you could point me to where & when that had occurred?
So you see, my argument is based on the companies own words and not a bunch of "what if" scenarios. I always try to support what I say using such evidence as opposed to using wild theories.
But I'm still ready to learn your way if you can find the patience to teach me. What the heck...I would go as far as to say that there would be others here also willing to learn.
I'm listening...
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