Why throw out this huge doubling of authorized sha
Post# of 30028
Posted On: 08/09/2014 10:57:09 AM
Why throw out this huge doubling of authorized shares on a Friday after close, which over the weekend could cause grave concerns of dilution, and then not explain it in a blog until sometime on Monday after our pps has taken a hit?
One interesting response to this question could be that they wanted news of these additional authorized shares to work on us over the weekend to....sift us. Sift us? Yes. It was funny, in the hours following the news there were two distinct camps of shareholder responses: 1) Gerald is screwing us with dilution and we're doomed, (The Solantey & Basher Group, and 2) Those who thought something really big and good is about to happen. (True longs)
Maybe Gerald and his financial advisers want there to be a sell off on Monday morning to blood let - get out the last remaining weak hands and bitter people that shouldn't be here? Then, once the pps hits bottom and the blog comes out and reasonable longs see the up side, the stock starts moving up again, only much stronger than before because we've been cleansed of the Solanteys and such.
I've seen companies do this before. It's a psychological strategy that purges the stock and makes it stronger. If shareholders don't believe in Gerald and his team and make tons of negative posts of doom because of this, they need to be gone. Gerald is showing them the door Monday morning.
Just a thought.
One interesting response to this question could be that they wanted news of these additional authorized shares to work on us over the weekend to....sift us. Sift us? Yes. It was funny, in the hours following the news there were two distinct camps of shareholder responses: 1) Gerald is screwing us with dilution and we're doomed, (The Solantey & Basher Group, and 2) Those who thought something really big and good is about to happen. (True longs)
Maybe Gerald and his financial advisers want there to be a sell off on Monday morning to blood let - get out the last remaining weak hands and bitter people that shouldn't be here? Then, once the pps hits bottom and the blog comes out and reasonable longs see the up side, the stock starts moving up again, only much stronger than before because we've been cleansed of the Solanteys and such.
I've seen companies do this before. It's a psychological strategy that purges the stock and makes it stronger. If shareholders don't believe in Gerald and his team and make tons of negative posts of doom because of this, they need to be gone. Gerald is showing them the door Monday morning.
Just a thought.
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