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You say the reverse split will benefit new

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jugs Member Level  Tuesday, 04/28/20 03:42:29 PM
Re: miketrav69 post# 5662
Post # of 5729 
You say the reverse split will benefit new investors but not longs. Would you explain that? You've maintained there'll be a massive sell-off following the reverse. If so, then new shareholders will suffer the same disaster.

Also, you've long maintained you won't hold shares at current prices. I remember when you said this and we were barely above $5.50. And now we're at $6.12. I've sold and repurchased numerous times recently and make money. Are you reaping something more than remorse? It seems to me that sometimes the most outspoken investors aren't really investing meaningfully at all---preferring to stay out of the money.

Avita appears to be gaining traction. I see it often these days. As for the split? I wouldn't be surprised to find management making an announcement coincidental with the reverse activation.

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