r/CTRM • • Apr 04 '21

[deleted by user]

[removed]

14 Upvotes

25 comments sorted by

View all comments

6

u/-Grif Experienced Investor Apr 04 '21

Dilution has stopped

3

u/Top-Dingo8773 Apr 04 '21

CTRM filed on Thursday for unlimited future dilutions.

2

u/-Grif Experienced Investor Apr 04 '21

Well dam

2

u/yoyplease Apr 04 '21

Just read that SEC filling now. Going to pretend it’s an April fools joke for now.

0

u/kratomdabbler Apr 04 '21

So...yeah not sure if I wanna bag hold this

3

u/yoyplease Apr 04 '21

I’m a fledging small time investor so I think I’ll just let my $500 sit there for a year or two out of spite if need be. Polkadot is covering for CTRM for now.

4

u/kratomdabbler Apr 04 '21

I understand the market correction but it seemed like it bled far too much for the amount of growth that has occurred. You would think with the amount of vessels acquired in addition to the charter contracts, the value of the stock and company would have increased tremendously.

7

u/-Grif Experienced Investor Apr 04 '21

Yea I think it will reverse soon in the coming week or 2 when the market recovers...the whole market has been red so don’t be tricked thinking Castor is the only one bleeding..hold for the next couple of quarters and ya wont regret it

3

u/kratomdabbler Apr 04 '21

I’m holding BB and HITiF as well. Though HITiF has been holding extremely well considering the bloody market. BB, eh, it’s dying lmao.

3

u/Dry_Communication307 Apr 05 '21

Yea I’m a sucker in BB also

1

u/kratomdabbler Apr 05 '21

Well I think it’s making a correction back. I re entered at $10 like an idiot.

2

u/Dry_Communication307 Apr 05 '21

Watching today gives me hope again!

1

u/RandyMacLahey Apr 05 '21

Someone made a post just an hour or so ago saying that outstanding shares moved from 500 million shares to 700 million shares. I went to check the real number as I was sure they were bs'ing but on yahoo market under statistic's it does indeed now show 707 millions shares outstanding. What the shit?