joelegs,
What is YOUR reasoning for so many reverse spilts?
If memory serves WTVI, under a previous symbol, was around $3.00 in '99. With the overall decline and reverse splits, I believe that stock is now worth around 10's of 1,000's of percent LESS. That money is gone.
Between reverse spilts and the downward trend of the last 7 years why would anyone think that this stock is nothing more than an incredbly high risk? Hasn't it dropped about 66% since November? It seems like to me that nothing has changed with the overall trend.
Where is the income? Where is the revenue? Where is the stock appreciation anywhere in the last 7 years? Where is it now?
It looks like the trend is in tact. Yet, millions of shares get traded. What does that say to you?
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