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Deuce22

03/07/15 1:09 PM

#45750 RE: Ladnier #45729

Take a look at MARA as an example. They did what ECIG tried to do last year by uplisting to the NASDAQ but they had to do a 13:1 split first because the stock was in the .20s and .30s. Looks like it opened at right at $3.00 on the NAS.

Looks like they announced the split on 7/22/14 and the uplisting on 7/23/14. The price declined for a bit then they released their Q3 2014 10Q that had tremendous revenue growth. The stock then went on a tear and they raised another $50 million with no dilution. It looks like significant stock appreciation since then.

The funny thing is it only trades about 100K shares per day or less and has sales of about one half or less of ECIG at $13 mil last Q. Their market cap is currently $100 million.