Re: Pohl and reverse stock split, verbatim
in response to
by
posted on
Mar 03, 2008 03:14AM
Just so there is no misunderstanding - Milestone- do you believe "the fundamentals are in place" with PTSC at this time? I personally do not believe so.
Secondly-How often do reverse splits "work"? My answer in 20+ years of investing is "not very often".
Cash in the bank and more coming - yes, but we will not be valued at a "real" PE ratio until there are alternate revenue streams through organic growth or M&A as a way of hedging what may be a run out of existing incoming IP revenue.
Agree or disagree?
My concern is that by supporting and co-signing such a far-fetched RS strategy you are playing into the hands of those that would support a reverse split so as to specifically & intentionally short the snot out of the stock once we were on another exchange at the higher - and now shortable price. Ever think of that? You have gotta see the "playas" all around here. You think they are all genuinely interested in a "successful" RS? Not a chance IMO.