![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, March 06, 2010 2:54:51 PM
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=wsdt&sid=0&o_symb=wsdt&freq=2&time=13
I bought the news the first day around 4 cents...
without a RS it went all the way up to nearly 10.00 per share.
and it did it gradually over a period of 2 years.
but if you do a reverse split, as proposed here, first of all every existing shareholder is now your enemy. then you wreck the liquidity of the company. you have to find new investors on your own to rebuild a tradable float, and that takes a lot longer than many companies realize. it can take months to years.
and your old investors will never forget what you did to them, and every message board on the internet will discourage new investors from taking any risk on the company.
its a lose lose scenario
FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM