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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR) -- Ignore unavailable to you. Want to Upgrade?


To: pagejack who wrote (300)8/19/2002 6:58:53 PM
From: Michael Hart  Read Replies (1) | Respond to of 3386
 
<You see the difference between a share price of $3 or $1.50 as $1.50. I see it as the difference between 1000 or 2000 shares. With an investment of $3000 and your " target" of $50/share, that nets out to an additional $50,000. Well worth waiting for when the forthcoming dilution is acknowledged by the company! >

Not if the dilution happens when the stock has moved closer to $10 and it pulls back to 7..........Which is my sincerest desire and expextation :-). As soon as the rumor/fact emerges that someone is willing to give them more funding the stock price will rise......to what I have no clue but it will happen before the actual money is raised and the details known. Investors will come in to join those (they assume their superiors) they assume have done excellent duedilligence that moved them to invest.

Good luck with it,

Mike