GREY:ISYRF - Post by User
Comment by
stocktrader63on Apr 21, 2014 7:55pm
360 Views
Post# 22474414
RE:RE:RE:RE:price up..?
RE:RE:RE:RE:price up..?Well a reverse stock split in my mind is for two reasons One where a company is trying to meet
requirements to stay listed when the share price is a penny or half a penny which is not
the case for intrinsyc or the second reason which is intrinsyc case to increase the companies
share price to generate greater interest in the company shares in particular institutional investors
who may have a mandate to only invest above a certain price point so relax and enjoy the ride
as for the ones who are shocked as to why the price didnt drop dont understand intrinsyc position
going forward. Look who keeps accumilating the same house #1. And the usual big number #7
and lately #11
I still believe big news will be out before the meeting and again the poor retail guy will be caught
sitting on the fence and the price will take a spike and then maybe at that time it may be a smaller
split or none at all in the mean time good luck to all :)