RE:I told you a reverse split was needed
ALF, I have agreed with many of your posts and disagreed with many. Alot of people have been critical of your posts concerning managment because they sound like a broken record (recorded by a lunatic).......I am certainly willing to give credit where credit is due.
Many times you posted things that were prescient.
But......
When you advocate that if managment had any intelligence they would do A reverse split
and then when they do it.....and you continue to say they are morons because they didn do it earlier....
(you seem to be unwilling to give credit where it should be due (by your own standard of judgement and comments)
As per your points..........if the split changes perception regarding TV and attracts long term holders and institutuionals it will be a good thing.
On a personal level, it is a bit bothersome to me that althou I consider myself to a patient long term value investor......if all it takes to get the share price to move is to change a few decimal points in share count and EPS.......perhaps the market in general have devolved into a roulette wheel played by fools.
I am stilling trying to figure out if I am a fool or not.