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Replies to post #3723 on IMD Companies Inc (ICBU)

Replies to #3723 on IMD Companies Inc (ICBU)
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TeraDyne

10/07/10 1:15 PM

#3726 RE: Pesomaker #3723

There is no evidence of a merger anymore. All this merger talk was based on speculation about a name-change filing, which has now been found to be an R/S.
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cjstocksup

10/07/10 1:32 PM

#3740 RE: Pesomaker #3723

R/S will make the SS a lot lower. I love it!
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Wamunut

10/07/10 3:19 PM

#3771 RE: Pesomaker #3723

No, you are dead right in this case ! I wont sell a share!
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Wamunut

10/07/10 3:19 PM

#3772 RE: Pesomaker #3723

No, you are dead right in this case ! I wont sell a share!
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ProfitChaser

10/08/10 6:21 PM

#3858 RE: Pesomaker #3723

It usually kills the liquidity. Watch the volume dry up.

IMO R/S and F/S both kiss of death short term.
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Oliverpaintball51

10/10/10 3:50 AM

#3864 RE: Pesomaker #3723

They're consolidating the O.s to like 44,000 total

They have like 500 million on the sidelines that they will then issue to raise capital.



Example

You own 100,000 shares right now out of about 200million

5000:1 rs

you now own 20 shares out of abotu 40,000


The company then will basically "dump" the remaining approxmiately 500 million shares onto the market and you thus now own 20 / 500 million vs yor original 100k / 200 million


i.e you're screwed

I sold mine, took the $2,000 loss. Better than the full loss. oh well live and learn. Move on, money to be made elsewhere.