GREY:ISYRF - Post by User
Comment by
theguru1on Oct 21, 2009 2:03pm
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Post# 16408784
RE: Tax loss season?
RE: Tax loss season?Not sure about tax loss selling but someone was waiting patiently to dump a huge load of shares and drive all the momentum right out of this stock. As for a Nr on the volume most days it still only carries less than $100 grand or so of value which isn't much. As for another dillution I would say theres not a chance of raising 2 cents after dumping 10s of millions in the last couple of years with nothing to show for it. Maybe there talking of a share consolidation .A 5 for 1 consolidation would move the stock in the 50-60 cent range would reduce the shares to around 40 million and probably wouldn't cause mass selling like most reverse splits do. 2 cents a share requires them to make around 3 million bucks not easily done with 4 million in revenue a quarter. Heres hoping for some small profit this quarter to build on for next year.