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Re: RKH post# 4864

Thursday, 02/17/2011 12:16:58 PM

Thursday, February 17, 2011 12:16:58 PM

Post# of 5964
I shared my thoughts on the what was mentioned during my phone call..... I was in for 24K and got out..It is my opionion they will R/S as Chris stated having a 200 million float is high based on the Revenue and earnings forecast. I will get back in when and after the R/S is confirmed or not. Do the math if you own 85k shares which is what I had on a 1/10 split will reduce my shares to 8,500 shares at todays prices the shares would be 2.90-2.95 just below 3 bucks. Most likely the price will settle back to 1.25 or so how many shares can I pick up with the same 24K at 1.25 per share???? 19,200 that is why I sold and got out.

Beacon will be great long term after they get rid of the R/S concerns either they split or something changes to move the stock on its own. Either way I will keep my eye on it.

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