InvestorsHub Logo
Followers 11
Posts 5005
Boards Moderated 0
Alias Born 11/14/2009

Re: ccraider post# 21875

Friday, 03/04/2016 6:56:25 PM

Friday, March 04, 2016 6:56:25 PM

Post# of 23274
PTSC planning on a reverse-split!= DEATH folks. PTSC said in their last SEC filed financial report they will consider a reverse split to keep the stock above 1c to avoid the imminent delisting form the pathetic PTCBB penny stock exchange. If delisting happens the stock would trade on the totally disreputable pink sheets where financial reporting is sketchy to say the least. When/if a reverse split happens the stock will pop for about a week then the shorts will pile on because a reverse split is essentially a death watch for a stock and the shorts know there is little risk the stock will recover so they would likely never need to cover. Just a friendly warning peeps! IMO the stock is up a bit lately because of some kind of currency arbitrage scheme run out of Germany. It has happened many times before and proved a very good time to sell URE shares. Just saying now is a good time to let go.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CPMV News