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Microcap & Penny Stocks : Microcap Potential Homeruns--Credible, and Reporting
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To: Ted M who wrote (766)4/18/2011 10:35:58 PM
From: NAG1  Read Replies (2) of 1056
 
Ted,

I only saw the news about the 3 for 1 split today, although that doesn't mean that I could have missed it.

Splitting a stock that is so low priced is always interesting. I have always thought that VSYS had a liquidity issue, that there were too few outstanding shares and that decreased funds interest in the stock. I am thinking this is the reason for the split. To increase liquidity, especially so funds can buy the stock.

I sold 10% of my shares into the rally today. My biggest mistake in the past with these small companies is not taking enough off the table when they make their run. I still have a significant number of shares that I will do well if they make a good run from here but I want to protect some of my gains. My next planned sale will be at around a buck, presplit but I may revisit that depending on other news that may be around the corner.

Good luck to all that had the patience to sit around for this one to finally pay off.

Neal
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