InvestorsHub Logo

Foxwoods Man

05/24/17 6:24 AM

#11238 RE: warfaretrader #11236

Well, if the R/S is put off until 2018 we won't know that until the effective date is announced. They will NOT just make an announcement that it will be a year from now. It will be done when they want it done and not PR'd before that.

I kinda wish they would just get it over with and do it now. Sucks but inevitable. I am sure they are waiting for arb and halt decisions and then will do the deed at, presumably, a lower ratio. 1::10 sucks a bit less than the present 1::20

Until then it will just vacillate at this level or move a tad lower with each payroll cash dilution.