Post by
Inthepeg on Feb 26, 2023 1:17pm
Reverse Split yes or no
Would a 1 for 5 reverse split raising sp to $4.25ish be a positive or a negative for shareholders. Upside may be higher visibility by moving out of penny stock range.
Any thoughts on this?
Comment by
stockwatcher7 on Feb 26, 2023 2:29pm
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Comment by
Ridgeback on Feb 26, 2023 3:45pm
No insider buying would see the potential as reverse split plausable. Been thinking the same way for the last few weeks. Not 5 -1 but 10 -1
Comment by
theCurse on Feb 27, 2023 12:18pm
Reverse split on a non-income producing stock will only hurt it - imo. Once in production is another story...assuming the clowns can run it at a profit. EDV - reverse split at 60 cents (to $6). $27 today (hit ~$38 a couple years ago). i don't think it ever dipped much below $6 after the RS. tC
Comment by
Ridgeback on Feb 27, 2023 3:44pm
Hope it won't happen? Reverese split? Saying that I am watching Inst. buyers. Never know but unlikely someone sees MOZ with interests just yet?
Comment by
Ridgeback on Feb 27, 2023 9:24pm
DOG. Agree with you on that post. Moz needs a miracle or just time to see if they can make the project work. End of March we may see a buck? Maybe???
Comment by
Mustlovedogs01 on Feb 27, 2023 11:37pm
Ridge, we will see a $1.00 when those in control of MOZ's price decide that they have raped MOZ's shareholders and have accummulated enough shares for their indended purpose. Stay tuned. Matt is either oblivious, impotent in amassing support, or part of the party...which is it?? JMO
Comment by
Ridgeback on Feb 26, 2023 3:41pm
I was or may be expecting it to happing to keep them in the top group. If it happens it won't be until after the AGM or annouced late in MARCH, just a guess?