Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Re: from tonight's Midas report
8
Apr 15, 2011 01:26AM
11
Apr 15, 2011 10:58AM

Another concept I'd like to discuss is a reverse split. CDE has proven that a reverse split sometimes works....Coeur d'Alene Mines initiated a 1-for-10 reverse split, after closing at $1.40 on May 26, 2009 and is trading around $33 today, higher than that split-adjusted price of $14. I wonder where CDE would be trading today if they had not done the reverse split. CDE might be a penny stock.

What if ECU did a 1-for-5 reverse split? Curious what others thoughts would be related to this. Does anybody know if a reverse split requires shorts to cover....I find conflicting information on this...

Just thinking out loud....as Gold and Silver continue to climb with little to no reaction in the shares. The GDXJ is flat with silver up 64 cents.....love these free markets and Wall Street's options expiration game.....

1
Apr 15, 2011 11:52AM
4
Apr 15, 2011 11:59AM
4
Apr 15, 2011 12:23PM
Share
New Message
Please login to post a reply