Tuesday, February 28, 2012 7:15:25 PM
-
still, your argument on the R/S is not one that i can agree with.
-
to some extent, it's what the market will bear as you say.
-
but i've been through about 7 to 10 reverse splits, and in all cases the choice to split was about broadening the appeal to a class of investors that have restrictions.
-
FOR EXAMPLE, some funds or other types of institutional investors cannot buy a ten cent stock, they must buy a stock valued at $1.00 or more. so a ten to one reverse split will overcome that restriction, if it achieves the goal of hitting the buck and broadening institutional participation.
-
i stand by my prediction, a R/S is coming, and coming sooner than anyone on this board would like.
-
there seems to be a bias on this board against R/S activity, that is more emotional than mathematical, IMO. ( as always, i could be wrong )
-
it's just arithmetic, and there is no need for anyone ( i am not speaking of you here ) to be emotional or biased.
-
all things being equal, you get ten times the price for 10% of your previous share count. [ in a 10:1 split ] NO BIG DEAL .
-
((( you made a lot of good points in your post, i just wanted to address the R/S issue in this post . )))
-
going home now, long day here in the dungeon, tired.
-
snowiegeorgie, elated at the current news ! !
-
GLTA
-
-
-
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM