Hey wheels. Thanks for the reply. I work with a publicly traded company. Our share price has gone from 30 cents to over $13. I listen to conference calls between the CEO and analysts and fund managers. These guys are RUTHLESS. Every single nit-pickin' thing will cause them to sell or not to buy stock.
One of the concerns is shares OS. That is a HUGE issue. When a company has more than about 60mm shares OS, that is cause for concern because it will likely be very very prohibitive as it relates to share price appreciation. It will be difficult to attract real investors of the stock.
My main question is...how does management plan to tackle this situation without doing a reverse split? There's no way they do a stock buy back as that money needs to go to R&D.
A real company with a real plan will have already planned for this. My question...what's the plan? Does management simply not want to share with us because the plan involves a reverse split? If not, then what do they plan to do?
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