InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
60,825.94
(
0.05%
)
Post# of 1523
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

nsomniyak

Send PM Follow Ignore
Followers 293
Posts 21214
Boards Moderated 18
Alias Born 07/25/2003

nsomniyak

Member Level

Re: Mr. Zen post# 738

Tuesday, 11/16/2021 3:02:31 PM

Tuesday, November 16, 2021 3:02:31 PM

Post# of 1523
I agree with you - from the perspective of new owners, legacy shareholders are a pain in the ass. They bitch and moan and require a LOT of handholding, and generally are looking for much faster returns than new people (especially insiders and friends and family). It makes sense to reverse split them into oblivion.

I am not saying this is a fair thing to do, but it certainly makes sense from the perspective of new owners of a former shell company.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up