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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Comment by monies444on Jun 01, 2012 10:50pm
136 Views
Post# 19973501

RE: RE: A ROLLBACK IS JUST THE COMPANIES WAY

RE: RE: A ROLLBACK IS JUST THE COMPANIES WAY

Baywall....stop trying to come up with ways in which this could be good...bottom line is futura is doing a 40:1 rollback then will raise something like 20-40 mill shares at 0.20, effectively passing the lube to original investors and leaving them with nothing.


Meanwhile, I personally will wait on the sidelines, let the massive dilution take place and possibly see if it is worth a look.  I mean after this debacle it may hurt their business prospects (if you are a small business you may not really want to risk entering agreements with failing companies, as it could lose you money).

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