Post by
Trytobelong on Nov 30, 2016 12:42pm
They want to have
2 bucks on TSX ..... Gooooooddddddd
Comment by
edsasha on Nov 30, 2016 2:13pm
It's actually 4 to 1. And it's a good thing; as someone previously mentioned here, it opens up the possibility of institutional buying, not to mention the simple fact of being on the TSX rather than the Venture.
Comment by
itsalie on Nov 30, 2016 2:20pm
two separate things.. moving to the tsx is why I started looking at the stock, great news!.. r/s 5-1 is a death blow.. but I could be wrong, can anyone show a 5 year chart of a 5-1 r/s stock that worked out.. I'm not aware of any
Comment by
lscfa on Nov 30, 2016 2:24pm
there are lots... PYD did a 1:10 rollback in May and the stock is 67% higher....
Comment by
itsalie on Nov 30, 2016 2:53pm
looking at the chart, the stock did a 50% nosedive on word of the r/s on April 28th so anyone holding the stock pre r/s is barely break even
Comment by
edsasha on Nov 30, 2016 11:50pm
itsalie, I don't know why you insist the split will be 5:1 when the company itself has PR'd 4:1. What are you not getting here?
Comment by
itsalie on Dec 01, 2016 9:08am
sorry.. I was just doing math.. if you want a stock trading at 40 cents to open at 2bucks, then you need a 5-1 split..
Comment by
Trytobelong on Nov 30, 2016 2:27pm
Are you Rookie... 88 I state 2 bucks... it's a 4 for 1... because the stock seems to go to 50 cents before the split!
Comment by
itsalie on Nov 30, 2016 2:47pm
I must be a rookie.. because it nerver occured to me the stock would jump 25% on news of a r/s