OTCPK:PTORD - Post by User
Comment by
YodaLayhehooon Jun 22, 2017 10:28am
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Post# 26392094
RE:RE:I will be buying boat loads once it hits under a 1.50!!
RE:RE:I will be buying boat loads once it hits under a 1.50!!
77 Trans am the douchiest car on the planet ... Bert Rynolds !!!
SPE has grown from producing 5000bpd to over 20,000 their outstanding shares make the stock penny, I believe the management is trying to get the stock looking more attractive to institutions and that means a $5 and up stock price. Reverse splits are bad when they are done for reasons such as poor finacials / keeping the stock alive, trading.
Most companies are forced to do reverse splits this doesn't look to be the case here. It's more of an image thing here. As they move from small producer to the largest in Saskatchewan. Spartan has great assets if the stock does get punished they'll become a takeout target quickly for other companies.