First off a company has to mantain a price of a dollar to avoid delisting, not $2.00. Second, a split or reverse split in itself is neither bad or good. Yes, usually companies that are having a hard time do reverse splits but an outperforming company could do a reverse split if it wanted.
Second, I think PFSW's share price could easily climb over a dollar before the probationary period is over and therefore avoid delisting (and the reverse split). It doesn't matter to me if they split anyway. The performance of the company matters more.
So what will make PFSW go up? Read my first post.
Why buy MCZ? I think the release of the new game consoles will help all gaming related stocks. Last quarter they broke even and like all retailers they have their best quarter during the holidays. I like to speculate so I choose stocks like MCZ. Look at GME if you want a more expensive, less speculative play. I think MCZ will outperform GME though.
Two companies with good earnings are SVL and DTLK?
Yes, $1.00 is correct, I was mistaken. Made a push for it today.
Can you show me 1 or 2 examples of a outperforming stock that did a reverse split??? Yes a company could do it if they wanted but I can not think of a single reason why they would. Even if there is a reason, the logic will not apply to PFSW. They have grossly underperformed. And the basis for their reverse split is not to get delisted. these are in no way positive events.
Not too many other speculative plays I would buy right now - Bought MALL - which I will sell shortly and FRPT.ob (bought after Rumsfeld's daughter was elected to the board) which has had a big run, have been unloading since $11.
less speculative which I think are buys - ADM and ZUMZ
PCLN did a few years back. I used to own it and it did a reverse split I think at around four dollars. Some companies reverse split to attract funds that can't invest in stocks that have share prices less than five dollars. They also do this to attract longer term stockholders. My point was that a split or reverse split in itself is neither a good or bad thing.