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Re: EliSmith post# 63450

Friday, 05/17/2024 4:27:38 PM

Friday, May 17, 2024 4:27:38 PM

Post# of 63466
Why would they do a Reverse Split with only 5.1 million shares outstanding?

It seems like a Forward Split would be more appropriate because it would increase liquidity.

And they just announced a 5 cent profit per share so technically they are profitable unlike most of the other miners.

I owned 40K of this earlier this year but I sold it at a modest profit. It did not seem like it was going to do anything.
And I like to sell Call options against my positions for cash flow. But this one does not have options.

But now that they have a profit for one quarter. That's Big. Maybe I will look a little closer at this one and take a second ride.
Day Range:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y