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S&P 500
5,344.16
(
0.47%
)
US TECH 100
18,024.00
(
0.56%
)
Dow Jones
39,497.54
(
0.13%
)
Brent Oil
79.49
(
0.00%
)
Bitcoin
60,994.95
(
0.08%
)
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totffe

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totffe

Re: serafin1982 post# 29119

Monday, 04/05/2010 1:50:56 PM

Monday, April 05, 2010 1:50:56 PM

Post# of 105534
Well, I did not mean to imply that a reverse split would impact market cap, but, re reading I can see how you could infer that. Nevertheless, 5 billion shares on a .01 stock is a real problem. Someone, some investor, is going to have to buy a whole bunch, and keep on buying, as profit takers sell. At this stage of the game, one would be wise not to buy the business plan, or category...it is about financials, now. JMHO.
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