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Re: IOWA LINEMAN post# 17878

Saturday, 04/18/2015 2:16:13 AM

Saturday, April 18, 2015 2:16:13 AM

Post# of 45711
What I'm saying is that even if there were a PR the moment it was released the result would have been the same, the price would have dropped and people would have started to dump their shares. It's not like people would stop and think "hmm well, a reverse split is coming up next week, should I hold or sell?"

This is a very small reverse split, and my feelings are that there is a plan behind this one by the company that will allow this to turn a profit for me, if I am wrong well, that's how it sometimes goes, but I held because of what I just said. Also ,most of the time by the time a company reverse splits, the PPS is in the triple 000's..this is not the case here.

You have to remember that being a trader on the OTC is not cut and dry...it's very psychological as well...strategy etc...