posted
So another words they have made so many shares that it make ours worth less? I thought that when a company wanted to make more shares than they would have to make a split?
Dilution?
i am 24 years old and am very new at tradeing penny stocks so please try to understand that i am not tring to create waves i am simply just tring to learn and unfortantly i think i may have learned the hard way but i am still thinking optimisticly about this company. also if you guys have any other tips that may help me along please share them because there might be someone else in the same boat as me and i am always looking for some good advice
-------------------- The Only Stupid Question is the One Not Asked Posts: 102 | From: Atlanta, GA | Registered: Aug 2006
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posted
Basically the company is selling shares to make money. This is really a start-up company with little to no revenues yet and they need money for their projects. So they are selling shares to make that money. A few months ago, the outstanding shares was under 100 million, and a short time later it is now at over 600 million. That's a whole lot of shares they put out there....over half a billion in a very short period of time.
Now on an optimistic view....hopefully the dilution stops now and they use the money they made for projects and ways to create revenue. If they don't stop now and continue what they have been doing....well let's just say we are in some deep doo doo.
Hope that helps a little =)
Posts: 596 | From: New Jersey | Registered: Apr 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
Well, I coached my friend well in this one. He got in at .0013 and out at .0023! I'm the greedy one, in at .0012 and out at...wait, I didn't sell when I had the chance. (sigh.)
-------------------- I'm a dark horse, running on a dark race course. Posts: 73 | From: St. Louis, MO | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
net income divided by shares = EPS (earnings per share) more shares less EPS reverse split gives you half the shares you currently own supposably doubling stock price (yeah right) and forward split is the opposite.
-------------------- knowledge speaks but wisdom listens Posts: 30 | From: Moscow | Registered: Aug 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
yeah right that did not last long. i do not believe any of us are really green.....maybe for the day but not in the portfolio unless you bought in way down here....
-------------------- "keep yo pimp hand strong!" Posts: 302 | Registered: May 2006
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This sucks but hey if it goes down any lower then hell we can all have millions of shares then we can all be rich or.... wait is that the way it works?
lol lol lol
-------------------- The Only Stupid Question is the One Not Asked Posts: 102 | From: Atlanta, GA | Registered: Aug 2006
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posted
I'm still here and will be i don't see it going lower than .0009
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
.0005x.0012 wow i can't belive i still have my shares, talk about holdin the bag. ughhhhhhhh i shoulda got out when i was even lol crap
Posts: 2794 | From: nyc | Registered: Aug 2005
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posted
let's see, you nevver know what might happen, im holding strong tooo,have faith in this one here
-------------------- i wish one day i would be rich but the wish is all in your hand!! Posts: 239 | From: New Jersy | Registered: Mar 2006
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-------------------- i wish one day i would be rich but the wish is all in your hand!! Posts: 239 | From: New Jersy | Registered: Mar 2006
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