xtreme81, what I like best is that they basically have not even started to release all the projects in the pipeline, I mean they have talked about them but are not out yet. most r/s are when a company has shot all their pr bullets and is then in desperation mode. this on the other hand has many bullets to come in the next year. so once the split would be done these movies would drive the price. so Im trying to say if they are ever to do one now would be a good time
now to talk about your concern, I totally realize what your saying, but at the same time think about your example. .10 isnt exactly easy, thats about a 5000% price increase from .002 if my math is correct and I think it is. the percentage is the same at the other examples you gave, the bigger numbers just scare you. I dont see why it can't go up the same percent with 100 times less shares. I mean if the company has 100 million shares and reduce it to 1 million shares wont the price increase faster because of the lesser shares
remember the last time it did hit .10 we had a lot less shares.
maybe it will never hit the number you used. that is why people jump ship, they are here to gamble on a get rich quick stock, and it would be turning into a get rich in time stock, believe me if they release enough good news to drive this from .002 to .10 it will drive the price a lot at a higher starting number. the people that gave up today where in for an easy buck, not for the long term.
I will be around for awhile, at the same time I will be trading the stock but always holding a core. make some free shares, much easier to ride long term.
many stocks dont rebound after a split because they had nothing going for them in the first place. they split and dilute BUT they cant do that here
and lets be honest who is going to hold from .002 to .10 if you say you will you either lie or are a poor investor or just plain greedy and usually greed gets you burned, I mean imagine holding and it hits .07 and then crashes to .04 in 3 or 4 days. believe me you wouldnt have a million shares if the price went up 5000%, only a fool would
now think of this, yes it climbs fast at these levels, but it also drops fast. I bought in not long ago at .0052, and now its .0016, doesnt seem to drop from .052 to .016 so fast. at these levels the stock is much more volatile.
now I would like to see what would happen without a r/s, I know the general public looks so poorly upon such a thing so thats why the stock tanked today, one line in a good pr tanked a stock, shows you the human nature of the average investor. I do wish they had given a split ratio
all just my opinion
