Re: Rg's plan for a RS...emtnester
posted on
Jan 07, 2009 07:12PM
Re: B-Lunist, "If you cut a pie .."
You might think this is obvious, but it's not to some.
If PTSC decided to take half their stock and reverse split those shares so they're worth $5 each, leaving the other half worth 15 cents each, which would you buy? Financially it doesn't matter. If you invested $1000 in either one you'd have the same percentage ownership of the company. And, you'd gain or lose exactly the same amount for your $1000 investment, as the 2 stock prices moved up or down.
Hey, maybe that's what PTSC should do. Reverse split only half their shares!
That might keep the anti R/S folks happy while allowing fund manager to buy up half of PTSC's stock.