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bradenhead

08/30/19 11:55 AM

#96362 RE: skydivers01 #96361

Really?? Try some due diligence. This company diluted their stock 100% between 2017 - 2019 to nearly 2 billion shares. If this gutting of shareholder value wasn't enough, they then executed a 1:20 reverse split on 4/22/2019. In the 4 months since the reverse split they have diluted their stock an additional 30%. As a result their share price has seen a post split drop 35.8%. Longs here need a 900 PERCENT move up just to get back to even. With their latest 10Q reporting $36k revenue, it will take an 8000% growth in revenue to accomplish that. If that's the kind of gamble you take in the market, you're an idiot.
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la_trader

08/30/19 11:56 AM

#96363 RE: skydivers01 #96361

yep- different chapter now.