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Ark Restaurants Corp. Message Board

  • dogsls dogsls Nov 12, 2012 4:18 PM Flag

    Should ARKR Split?

    For liquidity sakes only. (Otherwise who really cares).
    It took almost 2 hours today to buy 200 shares, I filled 122 then waited about a couple of hours to fill out the buy.

    Sentiment: Buy

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    • I would like for ARKR to split too, but not at these price levels...

      If ARKR can make a run back into the 30's, that would be a good spot to do a 3:2 split.

      Another way to start increasing the float is to do 5% and 10% stock dividends. After a few years that would increase liquidity.

      However, splits & stock dividends are just tertiary concerns. I am more concerned about the company building out more locations, more sales, more earnings, more CASH dividends and more & better jobs. That is of primary importance.

      Some days are certainly slow, but somedays we'll have volume of over 10k shares.

      It just takes some amount of patience, pick your spots.

      Good luck.

      Sentiment: Strong Buy

 
ARKR
22.74-0.26(-1.13%)Sep 23 4:00 PMEDT