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Micro Penny Stocks, Penny Stocks $0.10 & Under
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VWKM to R/S and change to VMDG
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[QUOTE]Originally posted by BULListic: [QB] A compnay usually does a r/s because they have run out of ink on the printing press and are up against the authorized. So, not only will the price plummet for us, the company now gets to start printing all over again (causing the price to go down all over again....i.e. see Pacel in the Hall of Shame for impact) as the authorized is usually left unchanged. Perhaps the new management will reduce the authorized like a number of companies have done recently and the share price might actually stabalize. Of course, we have no idea whehter this will be a communications outfit, a widget maker, or are going to make accessories for Ken and Barbie. That will be the interesting part to hear in the coming days. [QUOTE]Originally posted by triovestor: [qb] But what happens after the dip in price or possible panic sell ? What purpose would the r/s split have if price was to dive ...The company wants a higher price . I would think they have some kind of news planed to keep the price from dropping and to infact help drive it up ....Am I missing something ? Why would a company like this simply do a r/s to watch price dive ....? Let's talk about other posibilities of what might be happening . [/qb][/QUOTE] [/QB][/QUOTE]
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