Post by
Goatburner on Dec 23, 2021 2:36am
Reverse stock split
Good morning all, it's good to see a contra position - it makes things interesting and we can learn from them. I completely get the idea the some of you, for whatever reason, don't think a reverse stock split is wise. But the fact of the matter is Electra voted positively on a reverse stock split, should it be deemed wise and beneficial to the Future of Electra. This happened circa December 3 - 5. Electra is now in the position, with unanimous support to go ahead and execute an RS if and when necessary. This is no accident -it's planned and will occur. The reason being, and for the life of me I don't know why you guys don't get this - is that no matter how much good news this stock has gone nowhere. There is simply too many shares out there and the pie is split too thin. A reverse stock split is necessary to enlarge the so-called slice of pie bigger so that it can better react to market forces and good news on progress as we go forward. Trent himself said about 6 months ago during an interview that there was way too many stocks out there. I really don't give a damn if you guys like it or not - your opinion is uneducated and not based on fact. The only way to go forward is with an RS or we will continue to wallow where we are - which might be acceptable to you - but but not to me - got that?
Comment by
Silverad0 on Dec 23, 2021 7:00am
Of course goat it must be because I am uneducated. Merry effing Christmas to you too.
Comment by
Tim2Agami on Dec 23, 2021 7:38am
This incivility is uncalled for and fails to address the question
Comment by
Milotica on Dec 23, 2021 8:52am
Where did you see or read about this reverse split? I do not see it anywhere.
Comment by
SNgu8000 on Dec 23, 2021 9:22am
You want to look at R/S FACTS , look at THESE today : TV - VQS - NCU - NOCR - ........ Look at these charts , I can give you more if you want to see ......