InvestorsHub Logo

TJG

Followers 603
Posts 28088
Boards Moderated 3
Alias Born 06/20/2007

TJG

Re: havocjohn post# 12934

Monday, 04/16/2012 4:24:46 PM

Monday, April 16, 2012 4:24:46 PM

Post# of 13679
Have to tell you john... there is no basis to get this below a penny...

If you look at it...pre split holders are already down very, very big... folks that bought after the split paid any where from .10 to .0121. Who is going to sell for those kinds of losses.. not many..

If they waited to actually dilute... who is going to buy the share at that price... even the most novice investor can see how this has been stagnant for over 2 1/2 months...so are they going to buy it just because its cheap... no way...talk of this going sub penny is simply a scare tactic by some to get shares at a cheap price... wont ever happen IMO