News Focus
News Focus
Followers 127
Posts 53020
Boards Moderated 0
Alias Born 02/17/2001

Re: theduffer post# 61291

Friday, 01/29/2010 9:36:29 AM

Friday, January 29, 2010 9:36:29 AM

Post# of 103308
"Even if we get to $0.10 per share then he would have to do a 10-1 reverse to get us to a dollar, at which point the stock would revert back to $0.50 and we would lose half of our money in a few weeks."

yup....and folks who watch r/s know this. The benefit, if any, will go to the new shareholders and current shareholders are screwed in most cases.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today