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Monday, August 20, 2007 11:31:34 AM
Consider the post from this morning (#7988) about "why" the R/M and R/S is a good match.
Then consider the fact that an R/S is a tragedy to investors only when the corporate owners simply want to sell shares to pocket the money. Unfortunately, that is often the case with an R/S on the PinkSheets ...BUT that was not the original purpose of the concept of the Reverse Split and a R/S is still a valid and useful financial management tool, when properly used. And when properly used, it benefits the shareholders as well. (Bashers will disagree but then, ...that's their job, and it’s our personal responsibility to ignore and completely disregard everything they say.)
We don't have the answer to the issue of whether this R/S will be properly used to benefit the corporation and the shareholders yet, but an R/S in and of itself is only frightening to those who have been abused in the past or those without knowledge about why it happens. And if the purpose of the R/S was as stated in post 7988, then all is well and the correlation of companies on that list who experienced tremendous increase following a R/M is valid since the results should be exactly the same as a company with an R/M and no associated R/S.
Facts are facts. Opinions are opinions. Opinions based upon facts are solid. So-called facts based upon opinions are potentially worthless.
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