Monday, June 23, 2014 11:53:00 PM
Go ahead and sell as you are being prudent in taking profits if you are uncomfortable with the stock. No one ever got hurt taking a profit.
If you are however selling due to concerns about a reverse split, then you are selling for the wrong reason. There is no reverse split coming any time soon – especially given the price action of the stock.
Titan management has their head down developing a product and if now also finally doing some marketing of their company….
The only way they can do a R/S is by calling a Special Meeting of the shareholders and having the shareholders vote, alternatively they will have to wait until next AGM (next year). By that time we will know where they stand with their development, their product design and their FDA application.
There is NO reverse split in the cards.
Long and strong on this end.
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