Yeah Brooksda. SIML see the R/S as inevitable. They are using these deflated current shares to wipe the slate clean. Even the 7B A/S might be feasible if they intend to max out to clear debt and future dilution post split.
What is the difference now what the O/S is. BIG regardless. Higher O/S, more we can be assured that the R/S will be the 500/1 ratio.
I am not concerned at this point. I have had plenty of opportunities to average down with buys at 1. But more important to me is that the post split pps remains stable and with the "right" PRs, actually see the pps rise over time.
Having that happen is critical from my perspective. Inherent value based on substantiated sales and profit margins will have the desired affect whether a split occurs or not.
Waiting for the other shoe to fall. I think the odds favor us.
Have patience and practical investment initiative, things will turn out just fine.
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