Re: Alton's Book Value Revisited
in response to
by
posted on
Feb 15, 2014 03:43PM
Multi-Billion Dollar Agreement Signed With Oman
AL, splitting the stock 5;1 will multiply the # O/S shares X 5. Great, but now you've taken a $5.00+ stock right back to being classified as a PENNY STOCK. Tough, or should I say that it would be next to impossible, to get listed on the Nasdaq ,which is where I believe we need to be in order to get the big boys involved. This stock would need to be North of $25.00/share before a 5;1 split would make sense. Perhaps a $15.00 stock split of 2:1 would be more practical. By the way Al, your last series of messages gave me double vision;no actually triple vision. I'm now headed to my eye doctor---even though it's snowing! -----BILL. P.S. I'm still buying you a beverage of your choice at the celebration in NYC.