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Tuesday, April 29, 2014 9:27:39 AM
It has has been easy holding DKSC knowing that it is going to be doing a 1-10 reverse split. Again, this is not a bad reverse split ratio in my opinion considering what some of us believe will be coming into DKSC that warranted them having to complete 3 years worth of Audited Financials.
I am under the mindset of... imagine a friend bringing a stock for you to consider that is trading in the .009 to .01 per share areas, with an Outstanding Shares (OS) amount of 73,172,398 shares, with an Authorized Shares (AS) amount of 250,000,000 shares, with trading in the price range of .01 per share area, with 3 years worth of Audited Financials completed as a requirement to bring in whatever operation that's to be soon revealed. These variables are what will exist with thee new DKSC.
Buying 10,000,000 shares of DKSC at .001 per share will be like buying 1,000,000 shares of DKSC at .01 per share post-split. Considering all of the variables I mentioned above, this is very solid in my opinion. Also, considering the liquidity that will be reduced, I believe that one will have a very hard time trying to get those 1,000,000 shares post split.
In my opinion, DKSC will be one of the few stocks out of the norm that will do exceptionally well after their reverse split. I'm rolling the dice here with DKSC.
v/r
Sterling
Sterling's Trading & Investing Strategies:
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