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Re: ewayz post# 1954

Wednesday, 07/20/2005 11:43:38 AM

Wednesday, July 20, 2005 11:43:38 AM

Post# of 7974
I wouldn't be too quick to assume that's the bottom, although I hope so. All I can say about the reverse split is I just plain don't like them, nobody wins in my opinion. When you look at the benefits of the R/S it's similar to taking out a second mortgage on you're home! when the dust settles, 98% of the time the price continues to drop, and that will cause even more weak hands to bail out. It will also scare away potential new investors until it levels out and begins to move up again. The best thing they could do is not get in a hurry to hit the AMEX and let it get there when it's good and ready. I personally would rather see them focus on getting information flowing, and continue to bring in more business... anyway you look at it, the R/S is a risk, one that they don't really need to take. They're businessmen... not brokers! if they just do what they're good at, and allow information to flow... we will all win!

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