![](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
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM