Replies to post #13437 on Sanomedics International Holdings Inc. (fka SIMH)

[waterpro42]

No need for R/S, share structure still fine, will move fast with upcoming numbers.

[1984ISHERE]

This is the base...

Again smart money is accumulating from the impatient. As you know we are only a few trading days away from the New Year.

In general when building a position I do it in increments, last time stock was near these levels it shot up quickly to .02.

As you can see the accumulation someone is sucking up all these shares at this level.

The capitol structure is still very tiny for a penny stock, some revenue guidance and more news and we should be cooking with gas in 2015.

I personally added some today, and will be continuing to add at these suppressed levels.

[Homebrew]

In general, reverse splits are a bad sign. It's often a desperate attempt to get the stock price higher into "respectable" range. But they don't usually stay there for long, and slide back down, as shareholders lose even more money as it hits new lows (split adjusted).

SIMH reverse split twice in the past, most recently a year ago, but no idea if they will do it again. I believe a company needs to file with the SEC first, detailing the specifics.

More info

http://www.investopedia.com/terms/r/reversesplit.asp

http://www.investopedia.com/ask/answers/06/reversestocksplit.asp

[LOAD_ADMD]

I would never hold thew a reverse split. They even hint at it I'm gone. I held threw one and it was more like a dumping split.