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Medbox, Inc. Message Board

  • cyberya cyberya Dec 19, 2013 9:50 AM Flag

    2 for 1 Split Dividend Smart Move. back to $20

    Year end sell of for tax purposes should be done soon.

    This could be a 500% 2014 ??

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    • I wasn't a math major, but a 2 for 1 split will reduce the share price to 5 bucks, not elevate it to 20 bucks. Funny time for a split, usually performed by wildly successful companies after a great run-up in the share price, not often done by a company that's seen it's share price decimated like MDBX. They should be talking reverse split. Either way, this is a falling knife right now. MDBX shares are for players, traders and riverboat gamblers, not investors. The pot industry will be interesting, no doubt, and there will be money to be made, but this is pure speculation at present.

11.00-0.40(-3.51%)Oct 22 3:56 PMEDT

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