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Mitec Technologies V.MTMH

"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."


TSXV:MTMH - Post by User

Bullboard Posts
Comment by tum49on Aug 16, 2006 9:12am
192 Views
Post# 11232521

RE: I think something is up . the sp looks like

RE: I think something is up . the sp looks like - actually the expression "reverse split" is incorrect. the correct expression is consolidation. - consolidation may not have an arithmetical effect just for a day or so, it is infested with psychlogical problems: 1) consolidation is a sign of failure of the management to make company profitable under the existing circumstances because of their own ineptness, incompetence . . . 2) soon after consolidation the SP begins to drift downwards to its pre-consolidation level still etched in the investors' mind. tum49
Bullboard Posts