RE:RE:RE:RE:Screw the long term investor= consolidation=reverse splitThanks for your thoughts Kmucha and thanks for expressing that yes we are intitled to our own opinions on this subject without posters getting their panties in a twist.
PMN seems to have the goods and we will undoubtedly have a better idea of this after the Phase 1 clinicals are completed or maybe even sooner.
That alone would escalate the share price imo.
Talking hypothetically here...using current share price of 30 cents.
You say as an example (which I really appreciate) "ex) 100,000 shares/stock price $0.30 ($30,000 in PMN) ----10: 1 split ---- now have 10,000 shares/stock price now at $3.00 ($30,000 in PMN) ---- where the stock price goes from here is up to the markets yes...but I still feel for the reasons above it will hold around $3.00 for the time being." I would still rather have the original 100,000 shares rise to $10/sh= $1,000,000
then a post consolidation of 10,000 shares rise to $50, $60 , $70. $80. $90 = $500,000 etc etc.
Bottom line the 10,000 shares would have to hit $100/sh to equal pre RS profit
What am I missing other than more exposure? From my perspective if you have the goods and can prove it, the world and entire investment community would soon find out. This investment community would want a piece of the action, no matter the exchange. I think all this exposure talk is over rated imo. This is a devastating disease, if a solution is found, just one tweet would send the investment community into search mode.
Did Cyprus do a t 10-1 RS? If so maybe that is anthony g's favorite number?