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Alias Born | 11/23/2005 |
Monday, April 23, 2007 11:41:08 PM
billion shares outstanding. NSS, MM's, and shorters did NOT issue those shares and they are NOT responsible for the stocks plunge to .0002: that is a FACT!
Aditionally, every scholarly study analyzing the effect of a RS on the post split performance of the stock, concludes that there is a very high probability that the post split shares will decline in price.
If management is fixated on a RS in the near future, I contend their primary objective for doing so would be to further dilute.
There are many intelligent individuals running small public companies, but intelligence is not synonymous with wisdom.
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