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Re: Orangeman3 post# 840

Saturday, 09/17/2005 9:45:15 PM

Saturday, September 17, 2005 9:45:15 PM

Post# of 3354
orangeman/rangerrayjerk


Why can't you simply eat your crow and move on to your next crow feast. By the way, did you notice that DDSI was a 5-bagger within that past month of my mention on RB that you re-posted on this thread. It'll soon go back up again.

Your comments about reverse splits exposes your ignorance. Potential for reverse splits is par for the course in pennyland and that is or ought to be assumed by those who buy such stocks to be a possibility. I agree with you that most reverse splits turn out bad for investors. However, since you posited your ironclad statement that ALL reverse splits are bad, I simply wanted to inform you that that is not the case. I can point to dozens and dozens of reverse splits that turn out good for investors.

Though neither of us mentioned this scenario, there are reverse splits that initially turn out bad for investors, but thereafter present investors with opportunity because they eventually rebound. ILCO is one such stock. It did a reverse split a few months ago and collapsed. Now the stock, actually one of my favorites, is rebounding slowly and steadily. The stock is charting a classic pattern of higher highs and higher lows since bottoming a couple of months ago and that up trend has only just begun. If your want to make money, look closely at ILCO. Now you have me on the record on this thread about this stock. So feel free to either thank me for the tip or remind me that I was wrong.