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ap17

05/17/24 3:59 PM

#63451 RE: EliSmith #63450

If that happens the entire 12 people watching this stock will go to ZERO.

Going_4_It

05/17/24 4:27 PM

#63452 RE: EliSmith #63450

Why would they do a Reverse Split with only 5.1 million shares outstanding?

It seems like a Forward Split would be more appropriate because it would increase liquidity.

And they just announced a 5 cent profit per share so technically they are profitable unlike most of the other miners.

I owned 40K of this earlier this year but I sold it at a modest profit. It did not seem like it was going to do anything.
And I like to sell Call options against my positions for cash flow. But this one does not have options.

But now that they have a profit for one quarter. That's Big. Maybe I will look a little closer at this one and take a second ride.