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Thursday, February 17, 2011 2:12:56 AM
No good unless they are making substancial revenues. Reverse split when they know they are over the hump, makin da money, in da green. Reverse to become attractive to the higher class of investor. A reverse split sooner than later will only result in the PPS going back to where it was prior the RS. (IMO)
I agree with you on the special pinky scheme though. Cater to the thugs, promoters and those that follow trading pinks daily. Only thing is how much can be made vs the competition/discount brokerages? I believe the company itself would have to become a bit slimey.
But then, thinking about it : If I were running things I would RS down to a "buyout friendly" amount of shares, find a buyer then run like H E double L..... HMMMMMMMMMMMMMMMMMMMMMMMMMMMM????..........
Either way, the economy still isnt in good shape and this company depends upon the cheaper investors which depends upon a healthy economy.
:)
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