GRRR: reverse split today
How did we miss it? No chance of getting a nice profit from this investment. U own 3K shares and it goes up a couple of dollars, U have a nice profit. You own 300 shares and it goes up
a couple of dollars what do U have. Chump change, relatively speaking.
On a scale of 1 to 10, my interest in this company has dropped from about 8 to 1. Invariably, the price of the penny stocks of companies that do this drifts down after a reverse split. At least that is my observation.
If people were not interested at 80 cents, are they going to be interest at $5+. I think not.
We'll sell how many funds pick up shares. Hope I am wrong, but I don't think so. Experientia docet.
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