I'm not suggesting they don't need cash in the next 6 months. All I'm saying is that they have made the stock too liquid and therefore prone to manipulation.
Let's not forget that deep into the credit crisis they had a placement that people would have had to offer their first born up to get a decent slice. They could do the same tomorrow if they needed more cash.
Having vast amounts of cash gathering interest is fine, but issuing too many shares also has a downside.
I hold plenty and am a long term holder. I just don't like the idea that the price is being artificially ramped up and down by some traders with a questionable interest in the future of this great company.
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- more shares equals more manipulation
more shares equals more manipulation, page-5
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