RE:RE:RE:RE:RE:Sold my 3000 shares at 1.99 and regret it!! ReadTorex Gold Resorces (TSE:TXG) also had a reverse split recently.
The stock kept going up at a similar rate as the other gold companies in recent months.
I don't like the idea of the reverse split for the Bomber and do not this they will actually go through with it but, I don't see it as having singificant down side. The Bomber is turning the corner hard. The inflow of positive news over the next months/years will keep the trend upwards in my opinion.
I believe management voted and announced the possibility of a reverse split simply to reduce the risk of the stock being delisted when in was under 1$. This is not the case anymore and we won't see the 1$ mark anytime soon, if not ever again.
Just my 2 cents. Goodluck folks. Make that money!