Not necessarily, LVGI increased A/S recently and based on the Float % vs O/S%, O/S shares have increased today.
LVGI is taking advantage of today’s PR to raise more capital by selling shares, ie: the numerous sell blocks over 1mil shares at a time. Most call this dilution.
If the good news released today was not factored in, we would be in triple 0’s today.
Since LVGI is doing a great job marketing their product lines, this strategy blows away any R/S to accomplish the same, the raising of working capital.
I’ve see values plunge another 90% after any R/S, so a mere 10% loss today considering the big picture is pittance.