Berstein,
"At least I am certain that post R/S, it will go much lower. Even the management themselves affirmed to prop the post R/S back up to near $4 if needed. My question to you is that if and when that happens, how much dry powder does our management have committed to realize this continuously until whenever they are ready to up-list? Would you as a diehard longs pump your dry powder to assist this management to maintain the post R/S at $4?"
You haven't and you can't make an argument based on what we know today that would drive the stock price down to the $2 or $4 level post split. If you are hanging your hat on the idea that MMs are going to short the stock to that level, you are wrong based on my previous post.
Your comments aren't even rationale. You said, "Be honest now, how many of you would put up $8000 for 1000 shares of this post split and it is still in the pink?? I think we should run a SURVEY on this board and find out."
I've already paid over $8000 for the equivalent of 1000 shares once. Luckily most of my shares have been purchased at $7000/1000 or below. The point being, as this story continues to improve, $8000/1000 shares is cheap. It's all based on valuation, and at today's price of .079 or tomorrow's price of $7.90, it's still cheap.
I don't think you realize how ridiculous your $2 to $4 prediction is. Management won't have to prop the stock up at that level, because buyers will be coming out of the wood work long before the stock sees $4. Unless this management team falls on their sword really bad, and that won't happen overnight, this stock is priced about as cheap as it is going to get. I personally would step up with 5-10 friends/associates and buy the company outright in the $2-$4 range, and I'm not kidding. Virtra is on track for $12M+ in revenues for 2011, and will probably book $2-$3M in profit, maybe more. At $2/share post split, you would be buying the company for approximately one year’s worth of earnings, and at $4/share it would be two year’s worth of earnings. Trust me, those opportunities just don't happen, and if it does, I won't be the only guy mortgaging the farm to buy Virtra.
