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Re: MNYC post# 251

Thursday, 01/06/2011 1:13:52 PM

Thursday, January 06, 2011 1:13:52 PM

Post# of 14074
The $70 range is based on the calculation. If the stock was trading at .84 the day before the 1 for 87 split then the price of the stock is multiplied by 87. I know you know that... just restating it.

I agree if you were holding shares before the RS it did not work in your favor. On the other hand there are now only 2 million in the float with an AS of 15 million. The company is completely changing directions. This is more like a very low float shell than a normal RS. I will be holding my shares over the next month or so to see what materializes.

good luck!

I'm looking for stocks trading under Par Value. If you know of one, then please email me or PM me.
Email: Sheepery@gmail.com

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