3.77M shares diluted in 8 trading days since the R
Post# of 96879
Posted On: 07/25/2016 8:08:00 PM
3.77M shares diluted in 8 trading days since the R/S. (July 13th to 22nd). That comes to an average of 471k shares per day, a pre-split volume of 11.8M shares/day.
I don't think they can turn the dilution faucet on much more wide open than they have now. Between the dilution rate and Alan C's reported short interest %, I don't see how there could possibly be any buying pressure right now to boost, or even maintain the PPS.
Sure hope the recap plan is executed quickly as our % ownership is dropping very, very quickly.
Regards,
-kbulldog.
I don't think they can turn the dilution faucet on much more wide open than they have now. Between the dilution rate and Alan C's reported short interest %, I don't see how there could possibly be any buying pressure right now to boost, or even maintain the PPS.
Sure hope the recap plan is executed quickly as our % ownership is dropping very, very quickly.
Regards,
-kbulldog.
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