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Alias Born | 03/30/2011 |
Friday, December 23, 2011 8:10:01 PM
To all who have purchased since the pps has been very low, it doesn't matter and shouldn't matter too much.
I will give you one example out of a few that I have been involved in - here is the most recent.
In June, a company R/M into CHYU and the pps went from sub-penny to over .03 in a couple days. I only heard about it AFTER the R/S. I totally averaged in right around .018.
They have since changed their name & ticker to MEEC and have gone through a 1:110 R/S and instantly my shares were worth around 2.10 - just I had less of them. Same $$ amount, just less shares. They went to 4.87, have stayed around 3.30 and is right now at 3.00. All this before they have even really started revenues - so based on share structure ONLY right now, I am up over 60%.
In 2012, they are going to go huge. They have a super company with phenomenal leadership. For 6 months, they have worked all according to a plan and I just sat and watched it unfold.
SNRY is NOT a PK, but a QB. PK's bring their announcement AFTER or ON THE DAY they do a R/S (usually a 1:2500 or 1:1500, not 1:100). QB's will announce it 30 trading days in advance.
After the R/M, I actually think whoever comes in will do a forward split or create new shares to raise their money. This bookkeeping is far from over.
If the new company is a strong company - no worries. If it stays SNRY, we are ALL in trouble.
All The Best
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