(Total Views: 400)
Posted On: 03/16/2018 3:00:42 PM
Post# of 4081
My feeling is until the brokerages all are back online, (especially on Monday) we will see some sell off from two classes of shareholders:
1) the idiots posting on lieHub that don't even understand what a reverse split is and think the brokerage "Lost" their shares
2) The people who have been red for a very long time and are finally green and have just been patient enough to exit ahead. The RS announcement probably sealed the deal for them, but they knew we'd reverse trend eventually. We always do after we take a beating.
Both of these classes of people will be dumbfounded in a couple weeks when they realize how much money they lost.
1) the idiots posting on lieHub that don't even understand what a reverse split is and think the brokerage "Lost" their shares
2) The people who have been red for a very long time and are finally green and have just been patient enough to exit ahead. The RS announcement probably sealed the deal for them, but they knew we'd reverse trend eventually. We always do after we take a beating.
Both of these classes of people will be dumbfounded in a couple weeks when they realize how much money they lost.
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