Post by
ziggy1 on Sep 24, 2004 7:34pm
Yep, as I predicted, Coral was
20 cents, then one for ten split so $2.00
And since then the share price has dropped 40%, down to
$1.20 , thats the equivalent to 12 cents/sh pre-split.
-40% and counting........
I predict within a few months........ 75 cents, equal to 7 cents pre-split. AFTER a reverse split they all come crashing down.
Comment by
oardn on Sep 24, 2004 11:25pm
looks that way. will have to wait until a reversal before new buying. opportunity to buy cheaper,may be in Nov/Dec. Management must be fuc*ing morons for doing a reverse split now. The stock is still on OTC BB, not on Amex. To go back to the old high @ $6 could be a monumental feat.
Comment by
ziggy1 on Sep 25, 2004 11:04pm
Yep, Dec tax loss selling.
Comment by
oardn on Sep 28, 2004 1:05pm
Right. A long legged doji yesterday on the US chart, a positive sign. I hope it comes to your level. It may or may not. We have to wait and see.