RE: Real Jokekid forgive them for they know not what they do...
This is the typical norm when a RS is done... the only way folks come out ahead is if they had gotten in just prior to RS at rock bottom prices.
For the most part people panic and run for the exits. ...
I will also say that anytime a RS is done it is aways dones so because as it is a poor MGMT decision. Firstly, because of both past decisions, current and most likely future decisions ..
I for one am glad that the big guy is gone ... he may of been instrumental in developing the products but he was not the one that should of been running the company, because poor decisions of the past have brought this company to it's knees and that also is reflected in the share price whether it be yesterday or today...
In 90 % of cases RS are detrimental to the average Retail Share holder... most BOD members cushion their portfolios with Options prior to RS they will always make out like bandits the Retailers will always get burnt...
I am in the fortunate position that I bought all my shares dirt cheap so I am still making money even at after RS ... but most are not so fortunate....
It will take a great deal of time for this Dog to turn around... no matter how much money infusion is put in by the new suiter... I am just awaiting an exit point....
as always, jmho....
glta
Wolf