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BIOLASE, Inc. Message Board

  • snake_the_short snake_the_short Aug 2, 2004 6:43 PM Flag

    chart/.01dividend not working/newbies,uu[m,a]daclyyay[db][pb50!b200][

    1)it's not attracting new money
    2)temporary buyback not working
    3)another sell signal in chart
    4)market not happy with companies
    missing numbers
    5)dividend incentive not enticing anyone
    6)dead money until further notice

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    • See? Snake sees the technical sell too!

      I feel less alone...<sniff>


    • Snake says *
      *1)it's not attracting new money
      True, not much new money has come in the last few days.

      *2)temporary buyback not working
      First it's not temporary. Second, how can you conclude it's not working since you ahve no idea how many shares have been purchased and what the objective was?

      *3)another sell signal in chart
      What "sell signal is this? I don't see one.

      *4)market not happy with companies missing numbers.
      True, $12.30 to here was punishment, but it's old news now.

      *5)dividend incentive not enticing anyone.
      The purpose of the dividend is not to entice anyone. IMHO, it's to increase the cost to the shorts and encourage them to fold their tents and go homw. It also increases the number of mutual fund that can buy the stock.

      *6)dead money until further notice.
      Perhaps we'll be dug in here for a week or two, maybe more. What time frame does "untill furhter notice imply?"

      This explains it.

    • are you daft? do you really think .06 per year is going to get income investors buying like crazy?

      Its to make sure that everyone who THINKS he has a shares of BLTI gets the money due his account from the company or whoever sold him a share.

      If there are people who own "unregistered illegally counterfieted shares" expecting a dividend, and it doesn't come, someone will be looking at past sellers of BLTI


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