TC, The context I used it is appropriate. This debate that Turtle and I have been having has been going on for months. And it is about a stock that has used R/S to uplist. When I replied to you about my me rather see company's to use a R/S to stay on the Nasdaq verses go to OTC he brought up our debate from another board over it, in what I found to be a repeatedly disrespectful way. Much of our debate on that board was deleted. I have asked him many times to stop.
I personally think that this stock has a very strong shareholder base. Sure folks could have sold out of a $60 million market cap. And maybe the market cap would have dropped to $30 mm if that occurred and it didn't recover before they they needed to raise funds; then yes subsequent raises would be done at haircut of a market cap. And if that occurred than it would mean, as an example, something like a $120 mm market cap would be necessary to see the same pre-split stock price. I happen to think that on this stock that $120 market cap would come again. And so, no probably wouldn't be selling out my shares to try to catch the $30 mm. Instead I would have deployed a strategy to take advantage of the drop.
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