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ragudad

08/02/09 9:41 PM

#60940 RE: Cashoutfl #60938

the way I understood him was that the pps would come back up to pre-split price with-in a reasonable amount of time after the split...seemed pretty clear.

wylder111

08/03/09 2:33 AM

#60952 RE: Cashoutfl #60938

i agree with you here.. you would need a ridiculous amount of buying to go on for that to happen.. we're talking hundreds of millions upon millions of shares.. the way this stock has gone, unless there is incredible news, we will go back to where we were a week ago only divided by 5.. without real serious news and financials anyone but longs will wish they got out at .015
i still can't understand why a co. this small would need to split at such a low price..
why not just put out news if you have it and drive the price up.. obviously i'm no expert trader by any means.. a co. this small's first concern is the co. itself..

declaes

08/03/09 5:03 AM

#60954 RE: Cashoutfl #60938

most of the time companys do a FS to make the stock more attractive. And if you take a look at other stocks 99% of the time it has a positive effect on a stock. Say what you want...