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Re: Mr.Misanthropex2 f/k/a Mike Butler post# 1492

Thursday, 04/12/2007 1:45:51 AM

Thursday, April 12, 2007 1:45:51 AM

Post# of 20677
If the company was a scam or just a stinky pinky it would be bad. So many flippers have gotten used to the idea that a reverse split is the death of a stock, especially in pinkyland. There are plenty of examples of R/S reviving a company especially if it means they go to or stay on a higher exchange.

This company has a tons of potential. The problem now is it's a good investment not a good flip. Still might see some good spikes on the PR's but a lot of people were thinking they'd hold it three days max and move on. Now they either hold longer or sell for a loss for most of them.

This company will be profitable even for people who bought on Monday very soon. But the real money here will be when they go to a higher exchange. I saw OLAB go from $2 to $8 in two days when it went NSC. It has since been bought out. I also remember BDCO going from $2.15 to $8 in about two weeks on positive news. Not all multibaggers are in pinkyland.
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