OTCQB:AQARF - Post by User
Post by
player111on May 04, 2006 10:25am
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Post# 10794370
Have seen this before many times
Have seen this before many timesPost-consolidation the stock starts out at the consolidated price and in 95% of the cases it drops which shakes loose some uncomitted investors. Unless there is a quick very good NR or a serious effort at promotion and perhaps some industrial interest this could slip back to near pre-consolidation price. Got out of JJJ just before the cons. and expect to buy back in at close to the same price.
Hopefully for the longs in this stock it doesn't happen, but I've seen it before - just look at the CMD history and many others.
RW