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Re: BCInvestor post# 486

Saturday, 05/22/2010 6:47:44 AM

Saturday, May 22, 2010 6:47:44 AM

Post# of 1030
Not sure what you mean by reverse then forwarded. I don't think there's any way they could have done another stock split (if that's what you mean by "forwarded") without another new symbol.
Google Finance shows O/S at 63,000. When the stock symbol returns to LIQR that does not mean they are going back to the old O/S.

2 things to keep in mind IMHO:
- a stock that trades less than $1,000 a day is very subject to manipulation and unless you hold a few hundred shares you're unlikely to ever see the higher selling prices.
- if all it took to raise a company's market cap 200 fold was a R/S, then a secret forward split, every pinkie out there would do so.

I'm sorry, but the idea that LIQR's market cap is now over $100 million is just ludicrous to me, which is just as well since IMHO it's not undervalued at the less than $1 million that I believe it's really at.

The only thing necessary for the triumph of evil is for good men to do nothing.
EDMUND BURKE (and others)

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