GREY:MKRYF - Post by User
Comment by
crazyinvestoron Jan 27, 2018 1:16pm
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Post# 27447183
RE:Imagine
RE:Imagine No matter what happens here we are in a pickle as long term share holders.
The bottom line is that Mass diluted the heck out of this company. End of story.
Sure maybe it had to be done for survival, but there are now way to many shares outstanding for this one to be of any value for an large investor. So its coming. I warned you, but no need to get into this again. Rollback. The question is not if, but how much. My guess
is 1:4. That would put us back to around 80 million shares outstanding and an opening s/p
of around 16 cents. I hate rollbacks. The longs always get $crewed. I have seen many
like this before. The share holder loses 3/4 of their shares and the stock starts trading and falls right back to the price it was before the rollback. Its a visious circle and the large
investors are the only ones that really win at the end. I am not saying it is going to play
out this way but it is usually how it does. To be honest, I am at the point were I would
be happy just to see this DOG trading again in any scenerio.Looks like we wont find out
for a while. y guess late february with an update beginning of feb. We shall see