Freightmaster1
TB Legend
- Credits
- 609
Oh goodie another 20,061,171 Shares to dilute the price per share.......................
Oh goodie another 20,061,171 Shares to dilute the price per share.......................
Oh goodie another 20,061,171 Shares to dilute the price per share.......................
Shares are diluted but value of ownership might be a wash since new shares replace a load of debt.
To quote a trucking industry watcher I know...
"Only 20.1 million pieces of paper to dilute shareholders' equity. No wonder Welch and the CFO cashed out a couple weeks ago.
How to raise a fast $380 large.
This is directly out of Dollar Bill's playbook. Screw the shareholders, full speed ahead...."
:Poke:
great adding more shares and then ,prolly will do a R.S. on stock again , last time it was a RS of 300 to 1 , so hell this time maybe they can make it 500 to 1 reverse split !!!! screw the shareholders some more ???? but just like the YES SHEEP , these dingbats keep buying ??? old yellow sure knows how to play the ponzi game with everybody !!!!!!
It's called "shared sacrifice. " the company doesn't have a clue on how to turn a profit and they haven't dipped this well in a long time. The BOD is clueless and the stockholders only vote with sell orders.
It's called "shared sacrifice. " the company doesn't have a clue on how to turn a profit and they haven't dipped this well in a long time. The BOD is clueless and the stockholders only vote with sell orders.
There are 3 things that motivate the stock market. Hope, fear and greed. Pick any of the 3 for your explanation for 3% price rise. When the price drops you can pick from those 3 again. The price of our stock is based on nothing but speculation not fundamentals.
They also buy shares when they expect the price to plummet. It's called short selling or shorting a stock.
They also buy shares when they expect the price to plummet. It's called short selling or shorting a stock.
It's the same thing! Both will cause a short term price increase in the stock.