I agree. Companies should have learned years ago that the best way to ruin their shareholder base and to destroy their stock was to do a reverse split, which seemed popular at the time, so everyone did them.
If the company wants to succeed, then they will release their dividend dates on time, continue to keep shareholders informed on company updates, and continue to increase value of the stock by DECREASING the OS. Great moves on their part so far. But we have all seen the talk before.
The daytraders aren't going to touch this thing until it hits the .0004 and .0005 range with an average volume in the hundreds. Too many have gotten caught hanging in these types of stocks, and they the approach to trading these stocks have changed. IN AND OUT. Just for the newbies, if you want to make money, 9 out of 10 times, look at the first run, and then sell. If you think its going to go higher as people thought with JMCP, BKMP, PAVC, CMKX, RNKE, LLBT, PAIM, GBDX, XMDC (former SMMW), the great chances are that the run will parrelel closely with a literal sinking ship. Once its doomed, it will start to sink, then stay afloat for a little longer as suckers buy in, and then within seconds, drop below the waves, also known as the point to which you bought in.
I hope the best on this company.
Have a good day everyone.
meffoos
