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oryx

08/29/11 2:06 PM

#21290 RE: Value_Investor #21289

Eugene doesn't give any sign that a reverse split is coming. He just does it- no warning- and your investment is wiped out. As for a short squeeze- Yeah, it's going to be real hard for tho holder of those 2 (yes, that's right 2, two, zwei, due, dos...) short shares to cover when the price rockets above .0001. Assuming of course, that there's ever a reason for a bankrupt, debt ridden, no operations company with no "assets" other than a coal mine that can't be run profitably and no "business" other than printing shares to go up in price.