posted
wooooo there was 1 bid at .06 that dropped to .055, now there's 2 bids at .055 and one at .06 !
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
just info.... but in general... be careful with OTCBB stocks!! most keep issuing shares over and over again dilluting the shares/price... more shares = price goes down... look at chart of XKEM..... goes to almost zero, then they reverse split, isssue more shares and it goes almost to zero again.... beware of DILLUTION and REVERSE SPLITS.... look at sec.gov to find company filings... an "S8" is evil, as it's more shares issued for stock options
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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quote:Originally posted by pick em low: just info.... but in general... be careful with OTCBB stocks!! most keep issuing shares over and over again dilluting the shares/price... more shares = price goes down... look at chart of XKEM..... goes to almost zero, then they reverse split, isssue more shares and it goes almost to zero again.... beware of DILLUTION and REVERSE SPLITS.... look at sec.gov to find company filings... an "S8" is evil, as it's more shares issued for stock options
Thanks for the info...
Posts: 132 | From: Cathedral City , CA | Registered: Aug 2004
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