|
|
djs |
| Wednesday, July 19, 2006, 5:06:35pm |
|
Student Member 
Posts
12
Posts Per Day
0.01
Time Online
1 hours 56 minutes
|
Hey guys, I dont know if you have been watching slxi but they have announced a forward split to take effect july 24th if you wouldn't mind checking this out and letting me know your thought. over 2000000 trades for today and when i checked Otcbb the mostly buys again. i think something big is going to happen and the value is going to increase. please let me know popeye and demerchant. If anyone else has some input please lend me your thoughts  |
|
| Revision History (1 edits) |
| DeMerchant - Friday, September 22, 2006, 1:52:23pm | | Please Use Proper Naming Format | | |
|
|
|
|
|
| DeMerchant |
| Wednesday, July 19, 2006, 8:12:56pm |
|
Guest User |
I couldn't really find much up to date financial data so I can't really comment on that front...
that being said this company is near its 52 week low and if some hype pics up around this stockyou could make some fair gains...
but again thats just me speculating |
|
Logged |
|
|
|
|
djs |
| Thursday, July 20, 2006, 6:59:39am |
|
Student Member 
Posts
12
Posts Per Day
0.01
Time Online
1 hours 56 minutes
|
Thanks for your input deMerchant... do you think this is bad overall? |
|
|
|
|
|
| DeMerchant |
| Thursday, July 20, 2006, 7:12:12am |
|
Guest User |
From what I understand forward splits are generally good for the investor... any more than that I'm really quite unsure of... im sure popeye will see this and be able to gave you some better feedback than I can |
|
Logged |
|
|
|
|
popeye |
| Thursday, July 20, 2006, 8:27:08am |
|
ModeratorModerator 
Posts
2,318
Gender
 Male
Posts Per Day
1.74
Reputation
80.00%
Time Online
65 days 14 hours 2 minutes
|
dis, this 15 for 1 split appears to be a ruse to gather interest in the stock. Why would the company with two recent reverse splits now forward split. At .04 a 15 for 1 will bring the stock to a price of .0026. The price will be so low that you may be able to make a quick hit but those that hold may end up with big losses. The company has about 50,000,000 shares out. The split will bring that number up to 750,000,000 or more. Why!
Revenues are down sharply form the same quarter last year and the company lost $3,458,309 last reporting quarter. To top that off the auditors resigned and the 10K has been delayed.
You may be able to make some money immediately after the split but be careful. |
|
|
|
|
|
djs |
| Thursday, July 20, 2006, 11:09:35am |
|
Student Member 
Posts
12
Posts Per Day
0.01
Time Online
1 hours 56 minutes
|
Thanks guys for your input... I'll be looking to make some quick gains and get out.
|
|
|
|
|
|
BillyBob |
| Friday, September 22, 2006, 1:28:15pm |
|
New Member 
Posts
1
Posts Per Day
0.00
Time Online
10 minutes
|
Why did the auditors resign? |
|
|
|
|
|
|