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THREE-DAY-TRADER

08/21/14 12:43 PM

#233 RE: Woulfe #232

I wouldn't worry about a rev split or any news for considering of it until after December at least. It is only partially thru its first phase of 6 month NASDAQ probation period for being under 1.00. It is typical for a company to get at least 2 periods of extensions for total of 1 year or more, and usually they don;t consider a rev split until the 2nd of the 6 month period extension.
Short term this likely is worthy of a trade for buying under .40, as it has financing for a while & possible good news in front of it in late 2014. I think we'll get .60-1.00 on it for a upward spike later. Of course that only takes care of short term, but that's all I'm interested in.