GREY:ISYRF - Post by User
Comment by
stocktrader63on Apr 22, 2014 12:18am
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Post# 22474970
RE:RE:RE:RE:RE:RE:RE:price up..?
RE:RE:RE:RE:RE:RE:RE:price up..?Hey i dont think your getting it it dosnt matter in intrinsycs case they are not about to be delisted so a reverse split dont affect us retail trader the value of the company dont change if they have 163 million
shares at 15 cents which is about 24 million or a reverse split at let say 1 for five is what i would recommend at about 32 million shares outstanding in their position going forward at about 1.33 a share which is still value the company at the same
24 million but would open the door for certain investors that can only buy at a dollar and above and not so diluted being intrinsycs potenttail going forward would make a huge difference cause obviously the retail investor at this point dont value the company thats the problem.It does affect a person like me who owns
700 000 share at 9 cents so every penny is huge versus a reverse split of 1 for 5 at 140 000 shares
but im still ok with it The people who bought at a dollar and up who would own maybe couple of thousand would be upset but unfortunately the interest and pressure from the big investors not us retailers is where it counts we just go for the ride