GREY:SXHHF - Post by User
Comment by
sculpin999on Jan 29, 2011 1:42pm
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Post# 18045483
RE: RE: Sonomax Update
RE: RE: Sonomax UpdateI would also like to comment on a reverse stock split. I agree with you Primed, that I have seen other companies execute this strategy that have been sucessful shortly after. It is a tool, but most investors view it negatively, IMO, its a pshycological thing, and if they dont fully understand the dynamics in relation to a company going forward, they usually sell. There are a lot of company aspects that should be considered in relation with a reverse split before making a decision to sell or not.
In our situation, this may very well be a favourable strategy.