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Re: SeanBoy post# 3016

Tuesday, 01/13/2015 9:52:40 PM

Tuesday, January 13, 2015 9:52:40 PM

Post# of 7417
You vote for the 2/1 reverse split on a 10 cent stock, it passes and we trade at 20 cents for a few/days/weeks whatever. It then slowly drifts back to 10 cents (you know it will). You now have half the 10 cent shares you did before the split. This is what I consider harebrained ~ 1. rash, foolish, or badly thought out: harebrained schemes

Look, I'll be the happiest guy here if we get to 50 cents but i'm not holding my breath. Shit give me 25 cents and ill be out of here. I always said if they did a reverse I'm out of here...problem is the stock is so illiquid I cant get out. Sure 50 cents could happen. I've seen crazier, however, its not going to happen with $100K or even $500k contracts.

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