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Re: marcpw post# 1800

Tuesday, 12/03/2013 6:11:28 PM

Tuesday, December 03, 2013 6:11:28 PM

Post# of 2046
marcpw...I expected the drop today. So we are back to $1.61 pre-split. Nothing surprising about that. Why do you see the R/S as a positive? They usually don't work out well for investors. Companies use them because they are most likely out of other options, i.e., getting de-listed, etc. Nuverra says one of the reasons is to attract institutional investors. That sounds great. My concern is that it won't work. NES is at least 2 quarters from turning the corner and the stock price could be shorted down significantly by then. Don't think it could happen? I have been bullish up until recently and continue to hold my shares but as they say you don't stay married to a stock. I'm tired of watching my money disappear.
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