RE:RE:RE:RE:RE:Its not goin to go past 6 cents until the nextThe reverse split scenario; a reverse split let's say at 10 cents:
- share price goes to 1 dollar
- if your average was 0.05 dollar now it goes to 0.5 dollar
- let's say you have 1 mill share now you have 100k
- your money are the same
what the RS do, if followed by good news and good movements
- increase the apetite of bigger players and institutions
- increase exposure to people with money, you know that a lot of investors they do not look at penny stocks, correct?
- less interest from people trying to make few pennies
Based on the above and more you will go up to 1.5 dollars with a 50 % increase in your money.
I know people are looking to get at least 1000% and that will come too if you have patience and wait for few years for PKK to prove to some big wales that what they have is working very well, and I am looking for the same thing.
I personally have the shares at 1.5 dollars because I told you I dream about Bank of China coming to talk with us, correct:)? I've seen companies that went up in one day between 1500% and 7000% and plus I want my shares not to be borrowed by shorters and make money of it.
prokofiev wrote: Do you realize that a 10:1 split not only impacts the stock price but also your average cost... as in it does not « create value ».
Prokofiev
Nakate wrote: Simple a 10-1 reverse split,+ Inprove earnings outlook! if those two thing happen 3 bucks + is possible. Thats the thing lending money is the most profitable enterprise there is if you get it right.