RE:RE:Truly AmazingWhether it was a good or bad idea this early to do a split this early is hard to say. A lot of the other companies in this sector have been using dilution to drum up money and are not taking the shareholders opinion into account. If it wasnt for the retail investor none of these companies would be where they are. In the beginning not one major financial institution would touch this sector because it was illegal; they had to get the money from somewhere, retail investor. As far as share price not climbing I think the big guys are trying to get the shares as cheap as possible before the split, JMO. Im not trying to argue, I have a different view point on this whole industry. GLTA
Sapho wrote: This is so funny. Retail investors who have voted for splits are small investor. A good stock at 120, retail investors will still buy like CP and CNR, At the current price many retail investors do not shy away in buying 10K or 20K shares but small investors will not. This is sign of weakness in mangment in doing split at this time.