GREY:WFEMF - Post by User
Comment by
Adrammelechon May 22, 2014 1:12pm
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Post# 22588075
RE:RE:RE:RE:RE:RE:RE:RE:Level 2 Depth Display is Very Thin on WOF
RE:RE:RE:RE:RE:RE:RE:RE:Level 2 Depth Display is Very Thin on WOF
In junior stocks a rollback occurs quite often and I have been victim to quite a few lately, RRS is the only one where it really hurt me because I tend to get in ultra early. The others have all gone down though and I do not like the idea for WOF.
Sinister idea (for dilution) and an easy takeover by Dundee using RIN as an example:
ie: RIN has 30million shares approx
Rollback 100:1 means RIN owns 300 000, owns same % of shares of the total company.
Now WOF goes and adds more shares post consolidation to Dundee and dilutes the stock after the post consolidated share place plummets. RIN now owns nothing....
This is why I was curious about the value Dundee has because at bare minimum they will need to make money.
GLTA Longs
Adrammelech