Viratech Corp. (VIRA)

[pimpinainteasy]

please dont use gte as a stock that had a reverse split, they have only had about 6 class action lawsuited tossed at them in the last 2 months along with losing a 600 million dollar deal they announced.

its not like it went down to the current level because of the reverse split, actually after it split it went up, day after split it was about 4.00 and went close to 5.00

it dropped because the company was a failure not because of the reverse split, MANY pennies have split, MANY and still have done fine, many people probably dont even realize they own a r/s stock because they bought it so long after. it does hurt at first because investors freak out. it really changes nothing for the worse, our human nature kills it, we freak out and dump and cause a huge dump, just look at today, the price fell about 40% in 20 minutes, that was after a good pr about the movie, but one line in that pr dropped it 40%, and that was just a line that said they would vote on a possible r/s

see what I mean, emotions get invovled people get nuts. I know I will be buying at these lower levels, bound to pop, good luck, all just my opinion