InvestorsHub Logo
Followers 92
Posts 7388
Boards Moderated 0
Alias Born 09/05/2006

Re: Faithless post# 4154

Tuesday, 06/03/2008 2:02:02 PM

Tuesday, June 03, 2008 2:02:02 PM

Post# of 97239
Faithless...

Most often in the world of pinksheet stocks a r/s is considered a kiss of death. This is because typically what happens is that the company will consolidate the share structure for the purpose of diluting into it. CDIN hasn't been diluting, as far as I have seen, and with the low share structure it already has this is certainly an unusual situation...which is why it has me wondering if maybe there isn't some other reason for the r/s. I honestly don't know though and sold the 100k I bought at .0015 earlier at .0008. I'm just happy I didn't buy more shares earlier as I'm sure some here have done and are now feeling the pain.

Such is life in the pinkies most of the time.

Take care.

Unless otherwise stated, any and all information I post is my opinion which is subject to change. I accept no responsibility for anyone who chooses to take any action based upon anything I post.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.