Muscle Pharm Corporation (MSLPQ)

[WallStreetWorm]

Here are my thoughts:

*Its generally bad news when a penny reverse splits
*Generally, the market looks at the stock like a naked wino with cheese dip hanging from his nipple and his ugly ass draped over the punchbowl when they show up higher in the ranks. The market usually sends the stock back to where it belongs.
*Companies OFTEN do this for the fantastic dilution opportunities.
*This is the one SINGLE action I did not want the company to do.

Now, on the other hand...

*In spite of my credible negativity toward reverse splits, I profited off of Coeur d'Alene mines then watched it and walked away when I saw they were going to reverse split. They did well.
*Most of the companies that immediately suck the life out of the new pps are clear doucher stocks with very little, if any business value.
*MSLP has much much more going for it than most doucher reverse splitters.

How am I looking at it? My biggest complaint is that it was the one move they could make that would create the concerns that these dudes have not changed, regardless of the different faces that show up. It has created huge doubt and huge dilution opportunity. Another thing is that there will probably be a selloff tomorrow (I could be wrong) and the gap between bid and ask will dictate that it makes little sense to try to participate. There is enough positive that you will probably end up selling near a bottom.

This gives MusclePharm the opportunity to show us in the coming days and weeks a lot of things. Or they could show us that despite the high sounding words perhaps they are douchers?

I don't know, we'll see. Lots going on with MP.