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The latest quarterly report doesn't paint a pretty picture.
What say the cheerleaders: retire43, rbtree, 2guard?
It's not, unless you still believe this company will break out. I no longer believe.
If there's anyone out there that still believes in this company, I've got 30k shares I'll sell you at $.77.
I've given them 5 years, that's enough.
Well, I guess people have decided it's time to just dump this one and take the loss.
What happened is you got played and got called on it.
No worries, you're not the only one.
Careful UMD Scientist, don't let them play you like a fiddle or before long you'll own 1/4 million shares.
I'm ready for Kinross to buy these guys out at $4 a share and be done with it.
We're 2 weeks out from this prediction. Where's the news.
The 1 for 2 reverse split in March of 2013.
The following is a hypothetical story:
I have a friend that played the "someone in the know" game on this stock. The "someone", at the company, kept asking him to buy a few shares to bump the price. And since he trusted that "someone" he's now into this stock for around 250,000 shares (which would have been 500,000 before the split) just because "someone" kept promising news was coming.
I understand buyer-be-ware, but I think maybe 100% transparency is missing here.
Yea, I'm still pissed about the stock split. Cut my shares in half and the stock immediately went back to its original price.
Someone made money but it wasn't me.
Where did all the cheerleaders go?
I've been hearing that same song for 3 years now.
It means we got played.
What's needed is another reverse stock split.
That worked out so well for me the first time.
Yup, I'm still a little bitter.
I'd love to get out, but I'm so upside down with this stock after the split 2 years ago that it would hurt to much to jump.
I see alot of cheerleading on this board, but no results from the company.
There's got to be a reason why it is still so low, I just can't figure it out.
Please help me understand.
Let's say on 3-7-2013 - a week before the split - I had 60k shares and they were trading at $.92.
Then the company does a 1 for 2 split.
Now, on 3-15-13 I have 30k shares and they are trading at .46.
The stock did go up for a little while but was quickly back down to the $.50 range and has been there since.
You say it doesn't cut my value, but now I have 1/2 the shares at 1/2 the price.
I'm by no means a short timer on this stock, I've held it since the middle of 2012, and I've managed to buy on some pretty steep dips after the split to get my average price per share down, but I'm still losing.
Not trying to be confrontational, just trying to understand.
Please forgive me if this is a stupid question.
A while ago LKAI did a reverse stock split that resulted in my stock being valued at 1/2 what it was when I paid for it.
Why would they do that?
Now I'm holding it just hoping I can get my original investment back.