Prior to March 11. As of today, I am in the red, so the announced split had the same negative percentage effect on my stock account as yours.
Your right, they could argue a market correction, BUT if they swooped in after the correction and made a huge gain at the cost of current shareholders, their argument will not fly.
The key to long term price stability and growth comes from one place, Institutions. Virtra will never, ever reach their price potential and hold it for an extended period of time without instititional price support. (I am sure that statement will get people riled up, but hey thats a fact). Let managment do what they have to to get institutions involved. So we take a short term hit, just dont sell down here.
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