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growacet

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growacet

Re: DCALongRun post# 25

Thursday, 12/08/2016 11:58:33 PM

Thursday, December 08, 2016 11:58:33 PM

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I'm okay with it....

XBKS at currently levels qualifies as a penny stock in many eyes, despite +EPS. Bringing down the OS # will allow them to do forward splits in the future if they continue performing.....and if they return to paying dividends (legacy HMPR paid divies before the GFC) they'll be fine.

There's no "one size fits all" rule with share consolidations...I think they're doing it for positive reasons.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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