Dilution is good for money-loser PALM. It will make their perpetual losses seem much smaller -- on a per share basis. And all this new equity is to fund Working Capital! I agree with the author 100%.
Palm Dances Around Pre Sales Figures [View article]
Great analysis. These shares are "iphone-killer" priced -- clearly not going to happen. They're just another player on an increasingly crowded field on smartphone players. Motorola and others planning more product launches. Shares going back to $10 by end-of-year.
Three Strikes from Apple and Palm May Be Out [View article]
I came to the same conclusion a month ago, after the share price had tripled -- huge success already baked in. If it spikes around the launch date, I have funds ready to short more.
Palm: Is the End Near? [View article]
Palm Dances Around Pre Sales Figures [View article]
Will Dell Buy Palm? [View article]
Better yet, Dell could save a billion and hire Rubinstein after the smoke clears.
Three Strikes from Apple and Palm May Be Out [View article]
If it spikes around the launch date, I have funds ready to short more.