I merely stated that a reverse split was more believeable than a 40 P/E ($4 share price) ratio for this company, especially since Ira spoke of a listing by the end of the quarter (March, right?). The MM's will short it at .30, but not at $3? If there's more dilution, an even higher P/E, which we can all agree is a possible scenario.
Meanwhile, on the audit front (tick, tick, tick), I found it interesting that Ira said the audited financials would come out "in February", and noted that they had until June to release them. Whatever happened to Feb. 1? Will it be more like Feb. 15, Feb 25? Curious.
As I have stated before, if I were interested in (and capable of) driving a stock down, I'd do it to Dell, or perhaps Microsoft. I don't have that power, sorry. |
