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Re: BLULLISH post# 127157

Monday, 09/15/2014 1:13:18 PM

Monday, September 15, 2014 1:13:18 PM

Post# of 148373
My trading history tells me that MANY companies do a R/S......profitable or not. Profitability has ZERO to do with a R/S taking place in any stock. It is a business tool used to clean up an out of balance share structure for the most part.

http://www.investopedia.com/terms/r/reversesplit.asp

Without seeing the CURRENT QUARTERLY RESULTS, no shareholder or investor can make the determination that SEEK is cash flow positive! Basing statements on PAST PERFORMANCE does NOT guarantee any shareholders of CURRENT RESULTS!

Using OLD NUMBERS to try and sell shares never works and in lieu of the current PPS, I would say we WAIT for the current results before making RASH statements!

If what you say is valid then the call center(s) are up, running and doing business, the TV/Radio/Internet Ad campaign(s) is alive, well and generating hits and business every day.

Cash should be rolling in the front door and Scott's ability to " buy back " more shares of stock more frequently should also be in the foreseeable future.

So far, we know NOTHING as to any of that being FACTUAL and until we hear differently, the PROOF lies with Scott!

GL2A..........GO SEEK !!!!


MY opinions are just that.......40+ years of trading experience and take it for what it is worth.