ADD on Watney99 Yes and if you were here, to see me, you would see me standing at the keyboard, pointing my finger, with a book under my one arm. while typing. LOL It's a hard habit to kick, been preaching about the needed RS for a year! Sorry. Amen!
pitbull74
I also wanted the RS after the move several months. I wanted to see profits, end of 2006, first.
Todays PR may show the reason we didn't see yesterday. The American is forcing the split. Yesterday I stated about Gtel board's (IPO) mind set. Today I'm seeing the American's mind set.
Yes Gtel meets the market cap waiver, but the American wants a more stable financial standing. I'm sure they don't want companies to trade the same on their exchange, as it did on the OTC:BB. They would just become a compeitor of the NAZ small cap exchange. If a company had billions of shares, the same trading patterns, with the company stock would continue on their exchange. What would be the point of the move.
I've found under a dollar stocks on the American, but not with billions of shares. Those companies PPs spreads are 1 cent, not 10ths of a cent. Their OS are millions. All know billions begets, 10ths. May be that simple.
You want to be a grown up, then act like one! Don't care how tall you are. Funny how life is reflected in the market!