I Know Small Time Joe and asked his permission to
Post# of 41413
Posted On: 11/20/2016 11:36:37 AM
I Know Small Time Joe and asked his permission to repost. Thanks.
Sunday, 11/20/16 11:32:22 AM
Re: FlyBaltia747 post# 78395
Post # of 78401
In most cases your analysis would be correct. Because most companies do a R/S as their stock price has fallen due to decreasing revenues,profits and the possibility of getting delisted on an exchange like the Nasdaq. When a company is in a Growth mode like this new branded airline will be through new finance, lease agreements, proving runs and certification, etc. Then it will be a benefit for the shareholders. You have never seen a new company ring the bell at the NYSE with a share price of 10 cents. Most companies are in the $10 to $50 range. Just to be listed on the NASDAQ requires a minimum price, institutional buying, S+P 500, Mutual funds etc. So don't go around spreading unprofessional advice just because some Mad investor lost money and is now making videos.
Sunday, 11/20/16 11:32:22 AM
Re: FlyBaltia747 post# 78395
Post # of 78401
In most cases your analysis would be correct. Because most companies do a R/S as their stock price has fallen due to decreasing revenues,profits and the possibility of getting delisted on an exchange like the Nasdaq. When a company is in a Growth mode like this new branded airline will be through new finance, lease agreements, proving runs and certification, etc. Then it will be a benefit for the shareholders. You have never seen a new company ring the bell at the NYSE with a share price of 10 cents. Most companies are in the $10 to $50 range. Just to be listed on the NASDAQ requires a minimum price, institutional buying, S+P 500, Mutual funds etc. So don't go around spreading unprofessional advice just because some Mad investor lost money and is now making videos.
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