RE:RE:RE:RE:Should read this on 4 REASONS FOR A REVERSE SPLITBBDB859 wrote: want to see 2 years of Financial Statements that show +'ve FCF's. How hard is that to understand?? We've been holding this stock for 3 years all the way down, we deserve some patience and deserve to be shown, that they are really Profitable. Is that an unreasoble request???
It is not an unreasonable request and a good idea to use caution although the current distress level pricing of the shares no lomger reflects an accurate assessment of the company. There is no risk of default and bankruptcy. The market cap today should be no lower than annual revenue which equates to a price in the $3.50 range. Speculate from there based on your slow growth model but do not hold it down undeservedly. 6X earnings pushes it over $20 with no reverse split.