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mypenneys

08/04/18 10:26 AM

#530910 RE: yes9 #530901

Well maybe it won't happen but every Stock I owned that did a reverse split went belly up. Not a fan of reverse splits. If we have 6 billion in net operating loss I don't see a need for a reverse split. We should be able to generate all kinds of cash and do share buybacks. I owned Frontier glad I near doubled my money and got out. Share price tanked and they did a reverse split and it tanked more. So much for non Penney Stocks. This Stock was not a Penney Stock. Also most of these Big Banks have 2 and 3 billion Shares out there I don't see a need for a reverse split. Get the price up to 5 plus area and the stock will take care of itself. Then maybe a 1 foe 2 reverse. But not now.