InvestorsHub Logo

Lonnie Starr

07/27/15 6:14 AM

#3778 RE: MisterEC #3773

The relative volatility is high and says the stock is likely to keep falling. Down around 5 or 6 dollars the talk will be about whether or not the co will try a reverse split to keep their market status. Of course, it would be foolish to do that, it would seriously impact investor confidence and practically assure delisting. Never ever do a r/s but, hey, some companies (mostly scams) think they can get away with it. In any event, once that talk starts, if the co hasn't got any really smashing good news, down she goes. If that happens, I'll be waiting with bushel baskets to load at the most advantageous prices that present.

Like I said, this is not a penny stock company, but that doesn't mean that it can't be priced like one, even if only briefly.