posted
Waiting for a PR that they are going to bottle their ethanol and sell it to the Russians as vodka.....lol
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
| IP: Logged |
posted
i can say that i have been watching alot of big buys coming in all week and they seem to be holding on to them.you be the judge and dont buy on my acount if i lose i can live with it.
Posts: 1510 | Registered: May 2006
| IP: Logged |
posted
The o/s is in excess of 4 billion and has just about topped the a/s. Watch for either an a/s increase or a reverse. Here's the statement from their last 10Q:
Common Stock, $0.001 Par Value, 5,000,000,000 authorized; 4,948,173,844 issued and outstanding
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
| IP: Logged |
quote:Originally posted by Upside: The o/s is in excess of 4 billion and has just about topped the a/s. Watch for either an a/s increase or a reverse. Here's the statement from their last 10Q:
Common Stock, $0.001 Par Value, 5,000,000,000 authorized; 4,948,173,844 issued and outstanding
What does a/s stand for? A reverse would be good, no?
Sorry, i'm new to this.
-------------------- Engineering the future of finance Posts: 49 | From: Frisco | Registered: Aug 2006
| IP: Logged |
quote:Originally posted by Upside: The o/s is in excess of 4 billion and has just about topped the a/s. Watch for either an a/s increase or a reverse. Here's the statement from their last 10Q:
Common Stock, $0.001 Par Value, 5,000,000,000 authorized; 4,948,173,844 issued and outstanding
What does a/s stand for? A reverse would be good, no?
Sorry, i'm new to this.
It stands for authorized shares, the amount of shares the company can legally issue. They are maxed out here so something has to change. They either have to raise their authorized or do a reverse split to reduce their outstanding share count (o/s). And no, a reverse would not be good at all. That's the last thing you want to happen.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
| IP: Logged |
posted
It would lower the outstanding, chances are the company would keep the authorized the same. It would also reduce your holdings by whatever the split ratio would be.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
| IP: Logged |
posted
I don't hold any right now. I understand for holders it would be bad, but I would assume post-re/split the float would be lower and less shares purchased would send this thing higher.
I am just hypothesizing because i've seen charts of stocks that had reverse splits and the stock started climbing. Conversely, everytime a stock splits forward, i see its price drop.
But i am not sure i am probably wrong and don't have a clue.
-------------------- Engineering the future of finance Posts: 49 | From: Frisco | Registered: Aug 2006
| IP: Logged |
I've gotta read their 10Q over again, there's a contradiction in the reported o/s. It might be 2+ billion. There's two different sets of numbers reported .
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
| IP: Logged |
posted
With the Latest News with BP Oil sgutting down there pipeline that will take out 400,000 barrels a day out of production all the ALT should have a nice run this week.
"GSEG" should have a good jump this week in Pice per share. IMHO
posted
the chart setup on GSEG lOOk gOOd buLLish setup also aLL the other GS's stocks whom are the sister companies are moving. GSCT is the sister company and that had news today. But yea GSEG lOOks gOOd
Posts: 512 | Registered: Jul 2004
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
sorry Vin
