Tuesday, April 02, 2013 12:51:27 PM
2nd, the other option is to let it flounder here at .0002 forever.
You don't lose money on a R/S. It's moving a decimal place. Yes, you get less shares, but the price is the higher and your current value remains the same.
And before you get into how the stock goes down after every R/S. It does in 90% of the cases, yes. But in my opinion there are no buyers of the stock, because TD Ameritrade, Penson (whatever they are now) and several other brokers won't allow new investors to buy into the stock. TD Ameritrade is the biggest retail broker in the world and they only let you sell SDVI, not buy it and haven't for over 4 years! FINRA has also put the screws on MM's to frown upon trading a stock under .10 cents. IMO - So, here SDVI sits with a "chill" on the stock because MM's have shorted close to 400 million shares and the DTC is waiting for the shares to work their way through the system (it's happened before). And my belief (opinion) is that there has been a ton of "failure to delivers" inside the DTC, is why it's not trading very well.
Also, since I am not on the board or an executive of the company, I would be effected by R/S just as well as anybody else. So, if you find my sentiment appalling, too bad. It's not a sentiment, it's an opinion of mine on how to get the stock trading correctly and possibly fix the issues for shareholders.
And the 3rd option for the company is to up the authorized to be able to either buy a deal/raise capital or turn over control to someone else who has a profitable business.
In the mean time a few traders, probably like yourself, can make gains of 30-100% in a few days on the stock, because of the trading patterns.
In the mean time, other long term investors just sit there and watch it go up to .0004 then immediately fall back to .0002 and scream, why isn't the company doing anything about that!
Please somebody offer a solution!
IMO, and my opinions are my own!
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