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Re: Spartak post# 794

Friday, 06/22/2012 5:12:26 PM

Friday, June 22, 2012 5:12:26 PM

Post# of 1711
That's kind of like saying that if we survive the first nuclear attack, we'll be okay. I wonder what other brilliant ideas Coats has? He took a stock that's been around for about 15 years and just blew the crap out of it. He wasn't satisfied telling the world that the company's only been profitible 3 out of the last 15 years and that it's too hard being a small company on the stock exchange, he has to go and do a friggin reverse split.

Believe me, it's going to be a lot harder going from $3.75 to 18.75 than it would be to go from .70 to 3.50. Both are a 5:1 ratio, but traders don't look at it that way. All those 100, 200, and 300 share lots are going to disappear after the reverse split because they would cost 5x as much as they did previously. We have trouble opening before noon now. What's it going be like after July 12th?

These guys better know what they're doing because right now, it looks like they just jumped off the cliff and they're taking us with them.

stockdoc