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Re: Turtle65 post# 87808

Friday, 12/09/2016 8:18:06 AM

Friday, December 09, 2016 8:18:06 AM

Post# of 726412
If R/S stocks market caps do not get above their reverse split price then the issue isn't the stock it's your investment choice. Provided the company is not immediately raising shares funds (issuing shares) after the reverse split, any drop from those who sell provide an opportunity for those to lower their cost basis without the stock going through a dilution. The idea is over time clinical updates and institutional ownership and new stock adding make stock go up.

In Northwest Bios case, my preference was that they stay on the Nasdaq. I also recognize a very strong retail shareholder base would help with maintains value. Many of us are not selling. We are waiting for clinical news. Assuming they remained on the Nasdaq once clinical news comes in that HFs could buy and move the stock up. You prefer that it be OTC. The company likely agreed with me as they had planned to get a vote on it in a special meeting. If they could have stayed on the Nasdaq they would have. Not having funds (and the adequate time) to go through the costly process is why they choose the OTC path they did in my opinion. We won't know what would have happened, which would have been better -- OTC vs R/S and stay on the Nasdaq-- because only one road can be taken and they are going on the OTC verses reducing the share float count.

In stocks with strong basis shareholders tend to recognize that nothing changes with a reverse split but the number of share count making up the market cap. If the market cap goes down but no new shares are issued then it's an opportunity to add at a discount without suffering from a dilution.

You and I have a different mentality when it comes to owning stock. We have had this discussion many times over on another board. I've even explained my own strategy for maintaining my share count. I can't make you see as I do as you are discussing stock price and never fundamental value which has not changed on TPIV (no new share issuance). I mostly stopped responding to your "bleed" or "haven't you learned" posts as I see you as not being able to recognize a fundamental opportunity. Me not answering in no way means that I see what you do. I don't. Accept that we don't agree on it.
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