GREY:FNKLF - Post by User
Comment by
nickeltraderon Oct 21, 2010 1:55pm
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Post# 17594110
RE: RE: RE: We are working on another financing in
RE: RE: RE: We are working on another financing inWhy would you care if there was a reverse stock split. Splits have no impact whatsoever on the value of your holdings. If anything, it would probably help, since people are psychologically more willing to buy 1 share of a 60 cent stock than they are to buy 4 shares of a 15 cent stock. It's a perception of value. You should be far more concerned whether the coming stock sale drags the price down.