RE:Thoughts about a rollback403Pablo wrote: What does everyone think about rolling this back? Positives and negatives? Personally i think it would be great to tighten up the shares and give longs more control which would promote holding longer and making buyers hit the ask’s. The amount of free trading shares is obviously not ideal because it takes a big surge to move the needle as well. What do you guys think? Would you rather have a 100m shares at .10 right now?
There is mixed opinions regarding rollbacks. I think it's a case-by-case basis. In my opinion, a rollback or reverse split for this stock would be an excellent idea. I know boris said a couple of times last summer that he won't do it. perhaps eventually he might? less shares outstanding is a good idea in my opinion. our shares will still be worth the equivalent.
I agree with you 100%