Banks.Com (fka BNNX)

[trdwatch]

BNX - Just an opinion, I think it would be better to do the R/S closer to the cut off date when more investors would come in for the tax season giving the pps a better chance of staying above $1.00 -

...the Company's continued listing is predicated on it effecting a reverse stock split of its common stock within a reasonable period of time, which the Exchange has determined to be no later than November 18, 2011

Any ideas why a single 206,000 plus shares buy and another 121,000 share buy, plus more notable buys, didn't move the pps the day the financials came out? They were bought @ .10 and float is listed @ about 11M - ???

I'm going to wait just a bit longer also to see how low this will go before adding. I got back in with a few @ .10 - GLTY and GLTA