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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Tim Davies who wrote (24853)8/22/2002 1:45:08 PM
From: Joe Copia  Read Replies (2) | Respond to of 25711
 
It means that the company issued 5 BILLION shares via a S8 so now the OS/Float has increased by that number. Why else do you think the stock went from over $1 on 8-7-02 to sub penny now?

It's an outright scam, imo.