Replies to post #233859 on Blum Holdings Inc (BLMH)

[Money $hot]

greens12 -

I voted no R/S but At this point I think they should just go ahead and do it . Get it over with. I think all the proxy vote talk is holding this stock back now and might as well,...

Now you're arguing for exactly what you're against. Meaning, a Yes RS keeps the issue hanging over everyone's head for a year. It will be torturous before and after if DP pulls the lever.

...it probably will drop 10% but rebound after a couple days. JMHO And if they time it correctly with a profitable Q report then I doubt a R/S will have any effect on stock price .And if they Lower the float it will make it easier for traders to run this stock up.

Pure speculation, and just the beginning of a billion opinions as a billion more shares fly out the corporate door. Which only requires 20 million new shares based on a 50:1 RS.

However, my opinion is purely speculative. LOL

Good Luck Escaping A Bear Market Guillotine



/////AMG