RE:RE:RE:And stupid people are paying 68 cents?It's really this simple dumbass.
If the stock is up 6x since the announcement of a re-cap, i'm going to say the "market" generally likes this deal and is looking past the dilution.
Hmm...millions of shares that traded hands (i.e. the market) at 6x the re-cap price or some dumbass named jd43xl's saying it's massively dilutive....hmm...let me think about this one....
I'm going with the market.
Every re-cap starts like this. Nature of the game. Grow up.You obviously didn't own shares then or now.