Re: The wait may soon be over......
in response to
by
posted on
Sep 09, 2012 05:23AM
Multi-Billion Dollar Agreement Signed With Oman
I see what Querty is saying. If you had a stock at .15 and did a reverse split, the stock was inflated to .75, but laser fell back to .15. Those who were caught in this split lost their value, and power of lost shares from 300,000 to 60,000 shares at the same price. No advantage, except that you had to wait for a stock to increase 5x to get your price back. To those who paid a dollar a share in the beginning, lost value when the stock fell to .15 per share, and when it went through the splits, they also lost the shares. The stock has to rise to 5.00 to get that 1.00 back. I don't think a 40. - 50. stock is realistic in this rotation, but maybe in future projects.