I guess Coke is just like cola, what are the Beats by Dre headphones worth?..........I am sorry too but intangibles such as brand value are just as important and should be included in choosing a stock. RF wins over SNV any given day.
you never asked that question when it was going up........any particular reason why it went up in the first place
I am not gloating Sir, just ackmania.........just trying to save some longs some money thats all..been calling for this SNV correction for 6 months now.
I see it getting worse before it gets better............buying puts just in case it gets more irrational than my solvency,
More broadly, however, recent research suggests that investing in a company that has just done a reverse split is a losing proposition. According to a 2006 paper that looked at 1,600 reverse-split stocks between 1962 and 2001, such stocks substantially underperformed the overall market during the three-year period following the reverse split -- by an average of 1.3 percentage points per month.
Focus on fundamentals
None of this should come as any great surprise. For a company's stock to trade low enough that it'll even consider a reverse split, it typically has to endure a terrible period of financial results. The split itself doesn't solve the operational problems a company faces, so companies that can't find a way to recover simply fail. The few that do find permanent solutions to their problems may have spectacular runs, but from an overall return perspective, they simply can't outweigh the vast majority of firms that fail.
Stocks that choose to undertake reverse splits brand themselves with a red flag. Given their reputation as wealth-killers, reverse splits simply drive away many investors from ever considering a given stock. If that aversion proves to be irrational -- that is, if investors abandon the stock for dead, even after its business prospects revive -- then it can be potentially quite lucrative for those who keep their eyes open to the opportunities it presents.
All other things being equal, though, companies that get themselves into a position where they need a reverse split have a lot against them from the start. Except in the most extraordinary cases, therefore, investors may be smarter to seek better investments elsewhere.
you are not asking the right questions my friend......instead of asking why Stelling, Bod and Mngt are doing what they are doing, ask yourself why you are holding on to this stock...the answer will set you free.
here is a challenge for both of you guys, Bigwinbham and Shagster. How about you select 5 of your best stock picks. At the end of the year we compare who has the best returns and whoever loses resigns from this message board......are you up for the challenge. This will shut you up and and forever and also prove that you are just a couple of geezers who cant walk tha talk.
Obama turned out to be a nightmare you cant wake up from.........and the sad thing is Americans are still sleeping to even notice its their dreams being crushed.
Shagster you are my hitler, my one and only persecutor. You are the grandpa that keeps on giving sarcastic sweater comments. You are my wallet judge, always there were I am , trying to throw a book at me,forever trying to condemn me for the horrible crime of freedom of speech. You and your clown posse are a bunch of washed up nobodies , a gang of old timing fools trying to make a name for themselves by gunning down the new kid on the block......you call me an idiot, well thats like the kettle calling the pot black. The only other thing besides you thats out of touch with reality are your formulas.....get real granpa, you are scaring the children.