Theres more to this picture than meets the eye
Yes...there is a way. They've done it before
unless the man wants the stock lower! why did management throw shareholders to the wolves?
they did a r/s before . it was a 15:1 reverse split my shares went from 5000 to 350 and now to 60 and it's going down again
I would tend to agree with you. There must be something else that they will announce. Would like to see $10 per share soon.
Are there rules preventing more insider buying before a buyout?
Everyone knows a reverse split is terrible news for a company..EVERYONE. Makes one wonder if Management is getting what it wanted
that's not true....NBS just did an r/s and all though they are in decline they still are ahead of what the price was before the r/s. It is not always bad news. CRAY is another example.
well, that's isn't always the case. Check out Citi and Priceline.
GNOM did this then sold very cheap to a Chinese company. I hope that is not the case here. Management came out very good and shareholder got screwed!!