GREY:AGBIF - Post by User
Comment by
Waldo0on May 17, 2005 9:59am
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Post# 9043994
RE: Share consolidation, expect price to be .005$
RE: Share consolidation, expect price to be .005$The stock is already getting pummelled so if it hits .01, then perhaps they'll get the hint that a r/s in this scenario is totally useless. whoopdeedoo a whopping 10 cents a share. How attractive can that be to investors who eye this one for the first time? They'll just laugh and say, you voted for a 10 to 1 r/s at what price???
I'll chock this one up as a mistake for me and hope that at some point I get my money back. Isn't worth crying over but it's too bad the market lets companies get away with this type of activity.
Paul