Exact same thing happened with MSLP. Went through
Post# of 56323
Posted On: 05/06/2014 11:38:49 AM
Exact same thing happened with MSLP. Went through a RS from low subpenny because it was being constantly manipulated (and where I loaded), opened after the RS around $4 and has never returned anywhere near those levels. Peaked around $14 and has been bouncing between $7 and $10, pending uplist to NASDAQ. I have waaaay too much money still in that stock and am planning to take some out when it does pop on that news and put more in here. RS can be done if strategically used and not followed by further dilution (although MSLP continued to have alot of dilution post-RS and surprisingly have stayed afloat).
WITH THAT SAID, BILL HAS REPEATEDLY STATED NO RS. I would definitely not want a RS to happen here either and would rather see buybacks or cancellations to get the pps up to where we want it. Many investors do not even consider a stock unless it is at a certain dollar or high cent price, so as pps increases, more and more big investors will likely jump in...
WITH THAT SAID, BILL HAS REPEATEDLY STATED NO RS. I would definitely not want a RS to happen here either and would rather see buybacks or cancellations to get the pps up to where we want it. Many investors do not even consider a stock unless it is at a certain dollar or high cent price, so as pps increases, more and more big investors will likely jump in...
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