InvestorsHub Logo
Followers 56
Posts 5419
Boards Moderated 0
Alias Born 01/04/2013

Re: Dr PeteRose MLB post# 23215

Wednesday, 01/09/2013 8:37:34 AM

Wednesday, January 09, 2013 8:37:34 AM

Post# of 26138
Pete,
no worrys,I actually believe they will do a 1:6 rs to make sure
they are over 5.....We still could see a sell off into rs...
on reverse splits most would say buy after they are done, but in this case it could be different if we get news/manipulation
Does management have share holders back this time? Their past does not support but that is the gamble!
I am leaning to belief that shorts are starting to cover and that run yesterday is not news related....I think they are still counting
speculating if they have the votes on paper.....
sadly, this could go under a buck in a heartbeat or rise just as fast place your bets.....I would say that without news I would average down after the reverse split....stock is going to have high beta into split......to many unknowns

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.