OTCPK:LYDIF - Post by User
Post by
stockfyon Feb 26, 2018 3:10pm
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Post# 27623051
LYD......my thoughts including the reverse split
LYD......my thoughts including the reverse splitI think LYD might need to make a reverse split. I think some might avoid LYD because it's a penny stock and many investors don't buy penny stocks. Of course, this is a wrong investment approach. Value Digger, the well-known author from Seeking Alpha, wrote a detailed and insightful article about the penny stock myth last week, check it below: SA article for Penny and non-Penny Stocks: This 97% Drop In 8 Months Teaches Investors Something Nevertheless, some don't get it. And although this factual article is a valuable lesson for thousands of investors who focus on the price tag and miss the big picture, some remain stuck on this penny stock myth. Therefore, a reverse split might be necessary. Just my two cents.