SI
SI
discoversearch

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 : Dominican Cigar Corp (DCGR)- turnaround in hot sector? -- Ignore unavailable to you. Want to Upgrade?


To: LFISKY who wrote (738)7/16/1998 4:31:00 PM
From: BS Buster  Read Replies (2) | Respond to of 1078
 
Yes, you are right. There were some good buying today. But then as always the selling came and the bid is now .1075 cents. A new all time low. There are just too many free trading shares in the hands of people willing to dump them. In the TACN days there were about 18 to 20 million shares outstanding. Now, according to financials there are 29 million. About 8-9 million of them are free-trading.
That's alot of shares for such a small company. So, what can be done to improve the situation? Reverse split?

Any suggestions?