For the record, I am not disagreeing with you, I v
Post# of 1352
For starters, I get that this is a "start up" company, they have debt and they have to sell shares to keep the wheels turning, with that being said, the amount of "dilution" seems to be around 30 million shares a quarter over the last year, give or take... When you look at the numbers, excluding end of November/December post Northrop news, the average shares traded per quarter is about 100 million... These are rough ball park figures, I am not at my computer anymore, but I was looking at it earlier... With that being said, 30% of the shares traded each quarter are shares that have been issued to clear debt... Seems like the amount shares entering the market each quarter is enough to cause significant price swings at this point in time, lack of news, interest, those rookie "traders" etc.. I am not concerned at all with the amount of debt or the amount of shares issued each quarter, I just feel that the buying pressure isn't where it should be, YET, to sustain a move north... Yes the stock is seeing higher highs and lower lows, but with that being said, the swings are significant...