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Alias Born | 04/06/2014 |
Thursday, February 18, 2021 3:58:30 PM
this way you dont lose your investors that understand the subby market.... after the reverse split....
these subbys that split so heavily and then now their share price is almost a $1, they dont know what they are doing imo....
its not about the actual share price, its about the growth in value....
you can have a company that has potential to grow, and that "potential to grow" will raise the value of the stock... this is a known fact
$MHHC had its moments that could have brought some great value....
the problem is now, they need to find investors that are in a different class....
subby investors dont like to get into .15 cent stocks or more....
they like .0005 to .01+ potential....
many other competitive subby companies are running at the moment, and they have huge multi-billion share floats....
so the fact is, if they have the potential for anticipated growth, the stock value can also move upward with it
hopefuly Frank sees that now for a lesson learned in the future....
as for traders that lost their money, well, they need to understand their calculated risks here....
you dont tread .0001 waters without understanding that your buying into something that is risky....
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