InvestorsHub Logo
icon url

Chodeadactyl

02/03/12 3:02 AM

#17164 RE: Termite7 #17160

A FORWARD SPLIT WOULD MAKE THE OSCARS!!!
icon url

IndieInvestments

02/03/12 2:35 PM

#17165 RE: Termite7 #17160

Yes Termite, let me explain the reason for that. It's my opinion that CMGR has lost many investors by the last 20,000 to 1 reverse which was too much too soon for most investors, granted it could have stopped the predators from boxing it down. But it also explains the relatively low trade volume now while the company is moving forward. Forward and reverse splits help stocks move. If you notice, I also added that they need to buy up and burn stocks. Both of those news items propel stock sales if nothing else short term does. Stocks can get stuck between .0001 and .0002 due to a combination of things, the lack of new investors, and predatory traders. You know all someone has too do is buy a large quantity at .0001, sell a little at .0002 then keep selling and buying at .0001 little by little to slow down progress and hinder new investors from jumping in. My point was for the company to run over the .0002 and then those who are trying to stop Camelot will not be able to keep that going and of course the jump will cause new investors to consider this one. There are other ways, but it is harder and takes longer. It doesn't have to be 2 for 1 it could be 1 additional share for every 2 held etc etc.