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Re: MikTrader post# 35

Friday, 05/07/2010 2:33:31 PM

Friday, May 07, 2010 2:33:31 PM

Post# of 185
Maybe so, but you have to realize just how thinly this stock is traded. It is on the OB which is like the wild west, and the company that executes the trades can have a large say in the pricing and how many shares they release. Besides which, RMLX has announced their intent to do a reverse 1 for 100 share split. That is historically bad for shareholders. And once they effect the split they can issue millions of shares to help finance their operations - which will significantly dilute shareholders value. This is a VERY risky stock, even though I like the product and believe it will be successful. Timing will be everything on this one.

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