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wjlknew

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wjlknew

Re: DewDiligence post# 9755

Sunday, 04/06/2008 10:43:51 PM

Sunday, April 06, 2008 10:43:51 PM

Post# of 19309
>The above is tantamount to saying that once a company’s share price falls due to problems with the business prospects it will never again rise.<

No, I am saying that is the case if the company does nothing to alleviate the problems which caused the fall. I fail to see how a reverse split per se will do anything to improve GTC's cash position.

>You’re not arguing against reverse splits, but rather against owning a stock where the share price has declined due to problems with the business prospects.<

That is quite a stretch.





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