Innomat Solutions Corp (INAT - was Stackpal, STAX) Message Board

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Gold/Mining/Energy : Innomat Solutions Corp (INAT - was Stackpal, STAX)

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To: PAUL KAVANAGH who wrote (316)	5/12/1998 5:36:00 PM
From: Carl	Read Replies (1) of 580

To Paul and others, Like most INAT shareholders, my average entry price is significantly higher than 14 cents (23 cents to be exact). Please tell me if I am wrong here, but I feel that my chances of getting back into the black are better at current price levels than after a 10-1 consolidation. My thinking is that a 14 cent stock is more volatile (a 1 cent uptick representing 7%) and thus more likely to rise more in percentage terms when good news comes. A 1.40 stock would rise more slowly (a 1 cent uptick representing less than 1%). My experience with penny stocks seems to support this theory. My question is: Given that the market cap remains constant, and that most of us purchased at a significantly higher price, what advantage to the average shareholder is a 10-1 consolidation? Appreciate your thoughts (and anyone else's) on this.

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