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DTL

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Alias Born 05/12/2005

DTL

Re: RookieStockPicker post# 240982

Friday, 10/02/2015 1:11:03 PM

Friday, October 02, 2015 1:11:03 PM

Post# of 263702
I don't understand those who invest or trade down here in the cesspool but then imply they fear or can't afford reverse splits. If that's the case then why in hell are they investing in or trading OTC stocks? The PR'S have mentioned "no reverse split" although I do take any OTC shareholder's or an OTC company's PR with a grain of salt. On the other hand if the RS enables the company to up list and the PPS ratio remains the same or increases then so be it.
I know I know, "OTC stock RS'S are never successful".
The shareholders position shrinks in number and the PPS eventually retraces to previous lows. Time will tell for GRCU. I can afford the risk of an RS reducing shareholder value. My six figure income and lack of debt allows it! I'm not a day trading monkey who requires to maintain "seed money" for margin trading or requires grocery money from profits to feed a family. I could give a hoot about any daily PPS or the threat of an RS. This is long term for me and as the saying goes "risk versus reward" and I have years to wait. I'll take vacation money off the table from time to time if the wife and I want to go on a $10K cruise or similar but the bulk of my investment will remain and I'll continue to add as I see fit.