Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Reverse splits

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 06 Mar 13 8:59 PM | 84 view(s)
Boardmark this board | The Trust Matrix 		Msg. 12787 of 54959
(This msg. is a reply to 12784 by orda)
Jump:
Jump to board:
Jump to msg. #

Hi orda,

That's what folks said last time. But the effect was temporary.

Within a month or so, the stock was back to where it was before the reverse split once the immediate panic subsided.

But then the long drift downwards continued. Based on performance and actual dilution. With the occasional spike generated by optimism and delusion. And then the discovery that this management hadn't made much progress towards a sustainable business after all.

I see the long drift downward continuing.


- - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: Reverse splits
By: orda in ALEA
Wed, 06 Mar 13 8:51 PM 		Msg. 12784 of 54959

There is no "purely mechanical" about it. If they reverse, the stock will get hammered.


« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next