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Re: Det_Robert_Thorne post# 5409

Tuesday, 03/08/2011 4:06:47 PM

Tuesday, March 08, 2011 4:06:47 PM

Post# of 8575
Det,

But that is the difference between a stock that is already trading at a more respectable level and what we have here.

If Trey did a 1 for 20 R/S, the pps would be .002 versus your stock that ended up trading at around five bucks a share. Stocks like that have already earned enough in terms of reputation to survive a R/S and not be seen as making one final desperate maneuver to hang on and dilute further....

My feeling is that unless they were going to uplist to the big boards, a R/S for Trey is a bad idea. I also know that Meller feels the same way, or at least he did back in January of this year when he told me so.

Even the big boards stocks can be harmed by R/S's. I was trading ETFC which conducted a R/S a bunch of months back, and their stock price almost immediately did an about face and is still not back to where it was at the point of the split. I realize there are other factors that were depressing the price, but you get my point.

Just MHO as always!

Neo

Remember people to only play with the money your wife/husband/significant other won't disembowel you for should you lose everything if your stock goes the way of the dodo!

JMHO!

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