RE:The big problem with share dilutionIt would be interesting to know who's doing the dumping. With 85% retail ownership, is it primarily retail doing the dumping out of frustration and disbelief? If that's the case, it smells like more of an opportunity than anything.
Sibirboy wrote: One of the biggest problems with this company is the daily dumping of shares. Let's say that conservatively speaking there are 300 million shares waiting to be dumped. On average, let's say we shed 150k of said shares each trading day. 300m divided by 150,000 equals 2000 trading days. There are 252 trading days in a year so 2000 divided by 252 gives us just shy of 9 years just to get rid of this conservative estimate of unwanted shares
For those of us stupid and naive enough to believe in this company, there is a lot more pain and suffering coming unfortunately!