quote:Originally posted by bullitt49: i'm still pretty much new to this, what does that mean selling into the news
The company putting more shares into the open market for people like you and me to buy. The more shares they keep putting in the open market, the more people it will take to make the stock move.
It's called dilution, pretty standard down here in pinky land. Try to afford dilution if you can, sometimes it's just not that easy.
Posts: 3026 | From: Chicago | Registered: Oct 2005
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ok thanks. I knew what dilution was, I thought it odd that they sold 600 mil shares and it only went up .0002 for the day. Any hopes this will move in the morning?
-------------------- It is better to be humbled than ruined Posts: 138 | From: Connecticut | Registered: Jun 2007
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Normally, with news this big, a stock could run for a few days - but right after the first patent news came out last week - the increased the AS from 500,000,000 to 10 BILLION.
I don't know if we can get back to .004 - .005 tomorrow - never mind the .007 high during the quick run after the news was announced last week - which was quashed by the 10Q possibly even the lawsuit news....
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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If we don't get back near .005 tomorrow - I'm gonna try to trade my way out over time to try and break even or cut my loss to under 10%.
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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Company Information GreenShift Corporation (GreenShift) develops and commercializes clean technologies that facilitate the use of natural resources. GreenShift does this by developing and integrating technologies to produce biofuel and other biomass-derived products. As of December 31, 2008, it owns four corn oil extraction facilities that are located in Oshkosh, Wisconsin, Medina, New York, Marion, Indiana and Riga, Michigan. It has also installed one facility in Albion, Michigan. It also owns a 10 million gallon per year biodiesel refinery located in Adrian, Michigan and an oilseed crushing facility in Culbertson, Montana. GreenShift Corporation One Penn Plaza Suite 1612 New York NY 10119 Phone: +1 (212) 994-5374 Fax: +1 (646) 572-6336
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