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Re: comeonnow post# 16690

Thursday, 02/25/2010 7:10:33 PM

Thursday, February 25, 2010 7:10:33 PM

Post# of 18603
Yea how about we do a 500 to 1 R/S and reduce the O/S to 24M.

Since they are a pink sheet they keep the A/S at 20B or drop even to 10B. Then after the R/S when your shares are at .20 (.0004x500) SYMW can dump a billion or two shares back into the market to really raise some company capital. Hell its pink sheets who's gonna stop them. All the while our stock never goes above .20 and we ride it back to .0004 with 500 times fewer shares in our portfolio.

This scenario happens all the time, that is why a reverse split on a company who's current value is worthless can be terrible.

Do we forget the nearly 70% loss a company like AIG took after performing a R/S in the last year.

R/S now means longs say Good Bye!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y