NYSE:IVAN.WS - Post by User
Comment by
BearBullBrianon Dec 01, 2014 12:24pm
198 Views
Post# 23181268
RE:RE:RE:Another R/S on the horizon?
RE:RE:RE:Another R/S on the horizon?
Few people consult the history of a stock and the detrimental effect of reverse splits. For this stock to just recover its original value it would have to rise to over $70...what is that 7,000 percent. It will never happen, so you have to look at where it could go from here and my guess is that the next stop is zero. I hope not because this is one of my too many lottery tickets disguised as investments, but you can't ignore the trend. Nobody should buy this stock until there is some encouraging REAL news about the company.
BBB