Social Media Ventures Inc. (SMVI)

[twostocks]

To buy or not to buy SMVI: I own plenty of stocks just like this, well not social media stocks, but defunct penny stocks in various sectors. I would consider buying SMVI back again on the following conditions. They have a reverse split (that I think is coming). If it splits and goes back to .0001, which it should do if there is a reverse split, I would consider buying and holding. This may take a year or so to happen from this point. A reverse split could turn a million shares into ten thousand. Or, I saw a run and was fast enough to catch it. But I would be quick to exit this position if the run slows or goes against me. I buy most of these stocks after reverse splits. In my opinion.