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KenKong

01/06/22 8:06 AM

#706338 RE: Stern is Bald #706337

That’s where the P’s argument falls apart. No way to do a SPO for a single digit priced stock or for a stock that does a reverse split (which will be their next argument).
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familymang

01/06/22 8:46 AM

#706344 RE: Stern is Bald #706337

Have you ever heard of something called a reverse stock split? a Simple 10:1 reverse stock split would make the commons trade at ~$9 and meet the any listing requirements overnight. Just saying...
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skeptic7

01/06/22 9:42 AM

#706383 RE: Stern is Bald #706337

Investor # 1: "I have a great idea! Let's put tens of billions in a company that trades on the OTCBB, is in conservartorship with no clear exit plan, has egregious capital retention limits that won't be hit for nearly a decade, and have the potential for the Treasury to enact a Net Worth Profit Sweep whenever they deem necessary!"

Investor # 2: "What else ya got?"