RE:RE:RE:RE:RE:Zacks update - Target raised to $2.36 Most share consolidations are undertaken by companies whose businesses have been in a downturn. Their share prices have suffered commensurately. They wish to put a little lipstick on the pig, and show a nominally higher share price.
Northstar’s business is increasing; their motive in consolidating has nothing to do with tarting up a porker. It is simply a means of qualifying for a listing, which, in itself, could be a very positive event. Pigs may fear competition; thoroughbreds look forward to winning the race.
Whether Northstar is a pig or thoroughbred is an assessment to be made by each individual investor. The fact that its business is increasing leads me to hear whinnies rather than squeals.