Anything can work out. Ive never ever seen a 2000 RS work out in the OTC. This may be the first in the OTC. STSC can be the first. So if you read what I wrote I told no one to sell or do anything. I said Id be careful adding millions, with that big of a reverse split looming.
Then step away from STSC for a moment, to your comments. A pps of $20 and higher they would have just started on the NASDAQ and avoided the germs that come along with the OTC. To each his own, but its too risky to add millions with what we do know, for the "if" in what we dont. Remove the "ifs", we KNOW they filed for the split. Thats in print. So you act and play on facts then. Fact is they filed, and caught us all off guard. Ifs, mean it may end well, may not.
Any major bids get dumped on, as I showed in the link yesterday. Also, not a good sign.
I was always positive here. This doesnt look good, and after 13 months waiting on filings we deserved better than this IMO.
Like I said, Ill watch it, kept a small portion. Cause I can always buy back day one of the split and play any run. But wont have my shares locked up for 3 days after the split, like most brokerages do after a split. Only to sit and watch it dump off while my shares arent available yet. Many dont realize this till after a split. That their shares will likely not be available for 3 trading days, while some might see not great news and start getting out while others cant. That alone is too risky to hold a ton.
A small chance to do good. A large chance to get really really bad quick. But everyone plays their money as they see fit.
