Friday, April 22, 2011 3:38:21 AM
The heart of a purposeful R/S is the promotion of liquidity and prevention of volatility, two things that you should want if you are a true long.
The people who may or may not have traded too many sub-penny scams in their time and gotten burned by R/S might also want to see this go from 7 cents to a dollar overnight, something that most likely wont happen from 7 dollars (to 100), but this isn't true longsmanship either, because this is not realistic and almost always represents a pump and dump if the market cap is not scaling correctly, and these people would turn into dumpers pretty quickly with everyone else. Not healthy for the stock of a healthy company.
Fact is, market cap should rise with true value, which it will do more evenly at a higher price, but should happen either way R/S or no R/S, its silly that so many of you act like its the death of the company.
At least just be honest with yourselves if it just represents the death of your flashy penny stock dream of 50x profit at 1 dollar.
Just my 2 cents. (or 2 dollars post-split :)
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