TSX:LIQ.DB.B - Post by User
Comment by
Goldbuggy1on Feb 09, 2016 8:46pm
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Post# 24542111
RE:RE:RE:RE:RE:Capex
RE:RE:RE:RE:RE:Capexdownwithdotcom1 wrote: a stock split at these prices would spell DOOM...a lot of investment funds have strict criteria about a stock trading below $5 and would be forced to SELL - below this level its seen as no longer investment grade ie a penny stock with all the trimmings NOT GOING TO HAPPEN. dwdc
You are correct about this Stock Split dwnwithdotcomm1 and I couldn't agree with you more. In fact I was going to write this very same thing next but you beat me to it. A Stock Split does in fact put us in Penny Stock Category and in fact many Institutional Investor do not, or cannot, invest in them. Which very well could result in a Sell Off. However a Reverse-split is still possible as it puts us in a the higher Share Price Range. Especially if they plan to cut the Dividend anyway or to sell shares to raise Capital. Which of course selling shares in this low price range would run the risk again of being a Penny Stock if the stocks should drop significantly as a result of that.