InvestorsHub Logo
icon url

1Desperado

02/09/10 10:34 PM

#25184 RE: 1Desperado #25183

Sorry! That last r/s ? was to anyone who can help.
icon url

serafin1982

02/09/10 10:36 PM

#25185 RE: 1Desperado #25183

You're right it's not negative, not if it is done properly buy a successful company. What makes a reverse split negative is when a company is struggling and when investors think that after the split the company will throw more shares in and redilute it all over again. Matt would never do that to shareholders if a reverse split was done, but a reverse split will be the absolute last option he will choose. In my eyes a reverse split is not negative nor positive, it's neutral, but unfortunately there are a lot of people that trade and don't understand the system and therefore would panic and cause the pps to drop a bit if a reverse split were to happen, Let me add that it would soon after go right back up, but you'd really get the bashers coming in if it did happen. Some people have had bad experience with reverse splits because they had invested in really poor companies with no future or pure scams. Do your DD before you judge such a decision.
icon url

theDolphin

02/10/10 10:24 AM

#25203 RE: 1Desperado #25183

you do until people sell off. i sat through a RS for another company. it opened at 1.80 and has now been hanging at 50 cents. FORGET THAT.

winter wonderland here in CT today.

about to leave work.

hopefully CBAI is just on the skids today like most cars...

GLTA