RE:RE:RE:REVERSE SPLIT ~!!!!Good post with good points . Bottom line is that the bomber has to have great performance in order for this to work and they will .Nobody will buy shares and invest without potential and execution , no matter what price ... we shall see ... GLTA
Luckyeleven wrote: No you can short 300k shares for that 15 share price which has the same impact. Any damage if any will happen before the split if there is on as folks who aren't for it will sell. i'm sure they already have the voting shares for it to go through as retail vote means nothing. Basically their release does lack transperancy so not like they will ge gaining any trust anytime soon. If investors won't buy at 1.5 they won't buy at 15. A few weeks ago here some were saying BBD doesn't need institutional buyers and their progress is enough. Now many just grasping at straws trying to spin it as a positive which may be but the reality is nobody knows. I could care less either way as I am not married to BBD like some here. I can pull the trigger any moment and it is what it is a winning trade or a losing one. From what i can tell too many have too much in one stock and not diversified and that's the first mistake when playing the market. The market made a good run last week and an opportunity missed so who knows what comes this week. I'm sure volatility will be the name of the game. TSX set record highs 3 days in a row last week. Futures trading down so far tonight but by morning that could change.