OTCPK:MEAOD - Post by User
Post by
greeneggson Oct 08, 2009 12:06pm
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Post# 16373672
I also smell upcoming dillution.
I also smell upcoming dillution.Time and time I've seen it. When these little microcap get a jump in shareprice, add on to the fact that the sector is hot and investment firms that were ignoring them 6 months ago are knocking on their door, they take the money and run, along with piggy back half warrants of course.
I am long, not short, and jumped about in the 40-50 cent range. I am looking to add, but don't want to get a kick in the nads with a sudden offering of 30 million shares and 15 mill piggy back warranges to raise 20 million dollars for GENERAL CORPORATE PURPOSES.
Any usefull feedback will be appreciated