InvestorsHub Logo
Followers 13
Posts 1560
Boards Moderated 0
Alias Born 12/04/2009

Re: Value_Investor post# 21289

Monday, 08/29/2011 2:06:24 PM

Monday, August 29, 2011 2:06:24 PM

Post# of 22460
Eugene doesn't give any sign that a reverse split is coming. He just does it- no warning- and your investment is wiped out. As for a short squeeze- Yeah, it's going to be real hard for tho holder of those 2 (yes, that's right 2, two, zwei, due, dos...) short shares to cover when the price rockets above .0001. Assuming of course, that there's ever a reason for a bankrupt, debt ridden, no operations company with no "assets" other than a coal mine that can't be run profitably and no "business" other than printing shares to go up in price.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.