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Re: Bane post# 48535

Friday, 11/14/2008 1:10:02 PM

Friday, November 14, 2008 1:10:02 PM

Post# of 76394
yes dachief correct on both points, it all comes down to what the share price does after each event r/s or a f/s. in almost every forward split the stock will run as peoples pile on for the split, now i believe that this event is totally positive for a stock[more shareholder friendly if you will]. now the complete opposite is true of a reverse split, i believe these have a very negative effect on shareholders mind sets, in amne case we got the reverse splits and no support from the company to maintain the share price at all, i want to repeat, amne did nothing to support it's share price, nothing. hense the share price fell for the double whammy, less shares and falling share price. i perceive that forwards are positives/reverses are negatives toward stocks. also da chief, i believe that with the tight float the proper forward split would have allowed the price to sky rocket to $1.00/1.50/3.00. this is where the smart ceo creates company cash to grow the company. the smart ceo would sell into the run without killing the run and excitement..yes? but no, we got the formula, a formula that appears, DOA...sad very sad