Just back from a three martini lunch. OUCH! 11 million shares and down, down again. Certification imminent. How's a buyout at $0.25 sound like now? Bet most in the big red would love it. I'm down a penny and a half. Please get a buyout soon.
But.... not a big time penny stock guy, please say why a r/s would hurt us little investors? If I have a Million Shares and they split 50 to 1, I would have 20,000 shares. If the split price was at $0.01 it would now be $0.50. Isn't that a wash? What am I missing? Thanks to whoever answers my q's.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.