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Tuesday, August 06, 2013 1:07:42 PM
How any years are shareholders supposed to wait ?
How harsh will be the consequences of a Q1 2014 failure ?
Just for fun, here is a 2011 post by karsmith94: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66608918
REVENUE & PROFITS are what count.
Never seen so many disgruntled, misguided people worrying about the number of shares outstanding, which has nothing to do with the future success of this company.
Companies use all types of financial engineering based on the short term needs of the company, and right now it is important to get the financial house in order. Companies issues shares all the time, sometime they split shares, sometimes they reverse split, they issue warrants, they use stock options, they issue bonds, and even issue convertible debt in some cases, none of which is a reason to invest in the company.
They can just as easily forward split the shares as they can reverse split them, all depends on the financial success of the company.
You can buy a million shares for $10 grand, so stop crying and build your position while you can.
I have millions and 10 to 13 million to go, so keep the shares coming. If it goes much lower I may buy it all.
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