posted
I had cycled this one a couple times when it was .25-.35 before it split. After a 10 for 1 split, it hardly ever moves. Can anyone take a look and see if it looks to be a decent long position?
quote:Originally posted by 94Hokies: I had cycled this one a couple times when it was .25-.35 before it split. After a 10 for 1 split, it hardly ever moves. Can anyone take a look and see if it looks to be a decent long position?
TIA...
Its hard to say, the company has not been trading very long... but what I see is support at its split position, 3 cents.. It was in a nice climb before the split.. Holding is an option, yes... but with the split there is dilution taking place.. so climbing back will take time...
posted
Thanks. This was my first foray in sub-$1 stocks, so it's kind of weird seeing 60,000 shares sitting there. Guess if it is a relatively safe long I'll let it age for while and see what happens. Kind of neat supporting a local company anyway.
That was my excuse for drinking all nite at UNO until they bought all their shares back and went private;-)