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Sturm, Ruger & Co. Inc. Message Board

chancellor_of_the_exchequer 1 post  |  Last Activity: Aug 20, 2014 1:07 PM Member since: Mar 22, 2000
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  • chancellor_of_the_exchequer chancellor_of_the_exchequer Aug 20, 2014 1:07 PM Flag

    A reverse split is the desperate ploy of desperate people who do not believe that they can increase price on merit. It usually results in loss of equity for shareholders when they see that they have less shares and that every increase in pps after the reverse split yields only a fraction of what they would have had without the reverse split. Additionally, pps normally recedes in the months after a reverse split when there is nothing but that tactic to have increased pps. When the reverse split is in the near offing, I am off this stock.

50.80+0.25(+0.49%)Aug 22 4:02 PMEDT

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