USA Technologies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : USA Technologies

USAT 10.56

0.0%

Oct 31 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: slvfx who wrote (223)	8/27/1998 3:58:00 PM
From: ccportfolio	Read Replies (1) of 359

slvfx... While I still haven't had time to crunch your numbers... I will agree with you that having fewer outstanding shares would be extremely beneficial to E.P.S. It is somewhat ridiculous for a microcap company to have as many outstanding shares as say DELL... Still, we all know that a reverse split solely to boost the stock price generally has the opposite effect overall... raises it immediately on the surface of things...and then the price slides back down... I wouldn't hesitate to recommend a reverse split if it were combined with announcements of reaching profitability... etc... However, a reverse split in and of itself with no tremendous news announced with it...will only hurt us all... On the lighter side of things... I'd hate to see a reverse split now...because I halfway enjoy seeing a 5 digit number of shares in my account... :) Picked up another 4K today at .18

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next