OTCQX:GTBAF - Post by User
Comment by
Goaweighon Sep 05, 2019 9:39am
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Post# 30097678
RE:RE:RE:RE:Going to very huge at the end
RE:RE:RE:RE:Going to very huge at the end Heather shut up you're blowing my cover. I thought that planting the stock split idea here on the BB was a very sutle way of telling Chris what to do next. He reads all my stuff and actually spots holes based on codes that I include in my posts.
Eric is going to be so mad at me for screwing this up and I'm going to lose a lot of commish.
Thanks a lot Heather !
HansonLockyer wrote: You're such an idiot! Go AWAY institutional investor trying to pave the way for liquidity for traders and the big boys. We can see through this. Come back when it's a hundred dollars a share, then we'll talk
Goaweigh wrote: Management for one because of how options are awarded and quite possibly the rest of us because as the stock rises it becomes less attractive to retail and to some degree less liquid for institutional buyers.
The theory being a cheaper stock is more attractive to retail while a larger share base provides better liquidity and is therefore more attractive to Institutional buyers. However in the webinar Chris noted that the 40 % retail / 25 % Institutional split was slowly changing and although I don't believe he gave a new split the Institutional guys are buying while retail base is selling and that will probably continue.
So the conversion process is happening regardless of a split. It's just a theory but others have done it without any negative consequences that I'm aware of.
Certain Chris has plenty of very good advisers and will do whatever is best for all. !
October4 wrote: Who would benefit from a stock split?