I agree, without the additional stock the company
Post# of 15624
(Total Views: 824)
Posted On: 09/07/2020 8:42:33 AM
I agree, without the additional stock the company is dead in the water. But the eventual dilution will really sting. If your in the camp that believes this is the only real chance for management to grow the company and also believe future growth might offset the impact of additional shares,...............then your going to vote yes. Me, I understand their problem (maybe) but do not see any viable solution that would likely benefit the current group of shareholders beyond wishful thinking. I can't be completely objective as I have witnessed a lot of shenanigans.
For over a two year period I was Long OWCP. Then I sold my shares and realized a big loss and began trading the stock. I recovered most of my losses in December, 2019, and January, 2020 and until recently have been in and out of the stock. I currently do not own any OWCP shares but still follow the stock. I think we can all agree the best shareholder option is not blissful.
For over a two year period I was Long OWCP. Then I sold my shares and realized a big loss and began trading the stock. I recovered most of my losses in December, 2019, and January, 2020 and until recently have been in and out of the stock. I currently do not own any OWCP shares but still follow the stock. I think we can all agree the best shareholder option is not blissful.
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