Post by luxetvox on Nov 21, 2023 21:24:18 GMT
So, I'm sorry, but I just have to call this out. A certain member here, who appears to fill his days with non-stop posts on Yahoo, labeling those who disagree with him boo birds, has been debating me for years at this point on the subject of the share count. Using the proverbial pizza as the wiki-worthy level of acumen and analogy, he has opined that as long as the pie itself doesn't clone itself, one can slice that sucker up infinitely and not spoil the impact of the whole. I, on the other hand, consulted one of my interns, who told me that increasing the amount of shares to Avogadro's Number kinda size (ok, it's hyperbole), keeps that denominator in the gravitationally superior position, weighing down EPS, as it were.
Nonetheless, even today, with the share count bumping up against 800 million, the point that having a cap structure where the number of shares outstanding meaningfully exceeds the annual revenue in dollars is undesirable, in the view of both interns and investors, well that fact escapes said member. Who, now proselytizes
Don't you just love it when the Boo Birds try and bring up the dreaded "dilution issue. From the 10K:
“As of February 16, 2016, the registrant had 545,696,849 shares of Common Stock outstanding”
"As of February 15, 2023, the registrant had 772,650,812 shares of Common Stock outstanding.”
In 7 years the number of shares outstanding has increased by 226,953,963 shares or at the compounded rate of 5% per year. 5%! 5%! 5%! Holy non issue
If one is spreading this kind of blarney anywhere, even among the intellectually challenged on Yahoo, the question is why. Because, on its face, it is not only NOT a non-issue, it is nearly tantamount to corporate negligence. If you gots astronomical S, then you need astronomical E. Opko has a neutron star worth of the former, and none of the latter. Hence the share price. It ain't that hard to understand.
If you have a Super Bowl party, and order a single pizza, then slice it up into microscopic portions for your guests, need you wonder why they send their regrets when you invite them to your next shindig?
Nonetheless, even today, with the share count bumping up against 800 million, the point that having a cap structure where the number of shares outstanding meaningfully exceeds the annual revenue in dollars is undesirable, in the view of both interns and investors, well that fact escapes said member. Who, now proselytizes
Don't you just love it when the Boo Birds try and bring up the dreaded "dilution issue. From the 10K:
“As of February 16, 2016, the registrant had 545,696,849 shares of Common Stock outstanding”
"As of February 15, 2023, the registrant had 772,650,812 shares of Common Stock outstanding.”
In 7 years the number of shares outstanding has increased by 226,953,963 shares or at the compounded rate of 5% per year. 5%! 5%! 5%! Holy non issue
If one is spreading this kind of blarney anywhere, even among the intellectually challenged on Yahoo, the question is why. Because, on its face, it is not only NOT a non-issue, it is nearly tantamount to corporate negligence. If you gots astronomical S, then you need astronomical E. Opko has a neutron star worth of the former, and none of the latter. Hence the share price. It ain't that hard to understand.
If you have a Super Bowl party, and order a single pizza, then slice it up into microscopic portions for your guests, need you wonder why they send their regrets when you invite them to your next shindig?
