Posted On: 01/28/2014 6:09:09 PM
Post# of 1609
The "diluted" shares were down when the spike hit on Friday. In other words, they were already out there. With over a billion shares, 75 million is really a drop in the bucket. I do hope they won't dilute more, but I'm not worried.
My read on today: the official PR came out and those shorts that bought in the trips or the teens sold for their little profit. The real question is did those shares land in the hands of more solid hands. I hope so.
I'm going to wait and see what happens tomorrow and by the end of the week. Solos is being noticed and watched. That's clear.
A jv or M/A could still be in the works.
Today's volume was only 35 million - not a huge volume.
Lastly - last week Thursday, we would have been very happy with 25 and two weeks ago, very happy.
Keep perspective.
My read on today: the official PR came out and those shorts that bought in the trips or the teens sold for their little profit. The real question is did those shares land in the hands of more solid hands. I hope so.
I'm going to wait and see what happens tomorrow and by the end of the week. Solos is being noticed and watched. That's clear.
A jv or M/A could still be in the works.
Today's volume was only 35 million - not a huge volume.
Lastly - last week Thursday, we would have been very happy with 25 and two weeks ago, very happy.
Keep perspective.
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