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r0und3r

04/20/14 11:17 AM

#15602 RE: CosmicMiami #15596

I couldn't disagree more. A reverse split in order to reduce O/S in order reduce volatility on trading or to uplist would be positive.

Also, sure the price per share will go up in a r/s, but the net worth of those shares would be the same as per split. No seasoned investor would sell based on the price per share alone. It is the market value that matters.

Anyone who knows anything about investing knows that.

If you have 10 shares worth $1 each, the market value is $10. If after a reverse split you have 5 shares worth $2 each, the market value is still $10.

Why would the above scenario drive anyone to sell. It makes no sense.

silversmith

04/20/14 12:01 PM

#15604 RE: CosmicMiami #15596

For those penny land companies that have nothing going for them, a reverse split is very negative. For a penny stock that has a true growth story going, and a very promising future, a reverse split is a very positive thing.

You can't realistically say that no reverse split is ever a good thing. That is less than authentic for many reasons.

All the best,
Silversmith

CosmicMiami

04/20/14 9:37 PM

#15634 RE: CosmicMiami #15596

Historically, r/s has resulted in a net loss for shareholders. That's a fact. There are a few exceptions that are easily discovered if you care to do the research. For the most part, those exceptions have been well established companies with a history of earnings per share. SGLB is not one of those companies. I'm not saying that Sigma is a BS company. It may be. It may not be. Time will tell. It is clear that a r/s in penny land is BAD.

Sigma should not worry about their PPS. They should be focusing on developing their product. If you build it, they will come.