Re: Here's a prediction for you: miles
in response to
by
posted on
Apr 30, 2008 04:37AM
I give a thumbs up for any 20 bagger in any way we can get there. They can stand pat, reverse split, forward split, or inside out split. Who cares? As long as the value is passed through to the share price that reflects the true value of the MMP.
There are major risks associated with a reverse split. No doubt. Given the abundance of jackals, hyenas and vultures here poised to jump all over something like that, if it were up to me, it would only be done if it were a requirement prior to a merger or acquisition and if it could be assured that there were not going be a prolonged period where the reverse split would be exposed to all sorts of bashing and shorting. JMO