Re: Just a tought...any comment?
posted on
Nov 03, 2007 02:50PM
There are a number of companies that I've been following lately that can't raise money because of excessive shares issued. Some are doing a reverse split, and some are spinning off new companies to raise money and carry on. Either strategy seems logical, however, the markets don't always see it that way in the short term and SP drops anyway. In the long term there will be a rebound in SP as investor confidence returns. How long this rebound takes is probably dependent on strength of management and good properties. RSG shareholders who are in for the long term should be prepared to wait a while. The short term investor or day trader will get out straight away so we should be patient and receive our rewards later rather than sooner.