VBH - My humble Reverse Split example.
Message 3052368
Some are a little down on that thread, so I thought an entry there on reverse split was appropriate. Not so on this thread, which is alive and healthy like a newborn baby!
An idea, and a clean slate are what CVIA is based on. As an outsider myself, I can only say that reducing shares through a split will bring on a more volatile appearance.
In comparison to the securities they are now holding, many investors may appreciate CVIA's accounting books and the novelty of it's approach, especially with market conditions encouraging them to seek out some local havens in our more stable service sectors.
People must buy tires, and the investor types will broaden if CVIA becomes less speculative. That's a redundent statement, but i don't think CVIA can be ignored (as long as some stocks are), when actual progress is being made. This is due to the market condition and the affordable price.
I'm looking for CVIA to "proportionately" match last years performance of ABTX if successful, but I still expect their "acquisitions" to be those of "agreement" rather than actually acquiring the mom & pop companies themselves.
As for when they start chugging, as with you, I'm still searching the best bottom to test any of my present "supposings" on. But the spirit is very pure and good here. I truthfully enjoy checking out this thread.
Dave |