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Re: Arnold25764 post# 63724

Saturday, 01/24/2015 3:07:55 PM

Saturday, January 24, 2015 3:07:55 PM

Post# of 78703
Because to admit to a reverse split would be the final blow. They will keeping stringing it out as long as they can dump $.0001 shares.
When they reverse split, they'll just say, "We weren't planning on it yesterday, but today, we had no choice".
All the current holders will bitch and be wiped out, but they'll just start over with a higher stock price (nominally because of the RS, not actually) and pump and dump again.

Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson