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All the good news provided by the company is to sell their cheap stocks. Old comers know of their intention. The moment they publish the news and the moment they used corporate action to exercise all the diluted shares into action, shareholders are the biggest loser.
Not only are they held responsible for the shareholders money, they are liable for all the massive dilution done in the most recent corporate exercise. Who would agreed to dilute the company's stock? I dare wager that most of the agreements are proxies account.