Do your DD and find out what this person's speciality is when he is put on a board before you post your useless garbage. Do some of your own DD!
Shorts you're toast!
7.75 is butter! Really 8.12 is right around the corner..then TEN!
dilute…then a RS…dilute..then a RS. Unfortunately what do they is legal..but morally it's horrible. NEVER buy into a company that hurts the shareholders over and over and over and over. What's the definition of being insane..when you allow the same thing happen to you and you expect a different response. A lot of naive traders are totally insane! The fat lady has sung her song on this company!
Finally someone who is honest…thank you! Instead of mindless pumping someone had the guts to tell the truth..an oddity when posting on these boards!
Institutions trade their shares all the time..you have to put those in the float.
Sure…it has to do with the company buying shares cheaper than they could if they are sure the stock is going up. This fact alone would give confidence to the shareholders and give the company leverage. No other company is buying this turd…so forget that. Buying the shares would be a wonderful investment for the company. Why wait to buy back shares at 10 if you are confident the stock is going up that high or high when you can buy them back at 5 and then sell them at 15? Just 101 economics…because we all know that ARNA will sell shares again based on their history…and those that don't learn from history are bound to repeat their foolish acts. Buy them now and sell more of them at 15…what a gold mine…and they will dilute again..you can take that to your bank.
Actually less shares would be more tempting buyout if the SP went up after their purchase. Plus..it they really have great income coming in that income should pay for R/D not the shareholders.
With all their money has anyone asked why they are not buying back shares? It's one thing to dilute..but if they really cared about shareholders and IF the price was as low as it was going then they would buy shares.
No share buyback indicates a lack of confidence in the SP and a lack of respect for the shareholders!
Everyone knows this company exists…but what we don't know are the earnings. Give the bashing a break…this is a 30 cent stock.