swsamurai
Premium
join:2002-04-17
Bakersfield, CA
clubs:
 ·Bright House
| reply to T1 Rocky
Re: Another angle
A company would not want to do that to itself because the resulting blowback would cause financial woes. The company itself you really gain nothing. The stock may start at say $.12 and spike to $1, but then when the profit takers get their share, the price could go down below the original start point.
I picked up about 500 shares of Koko when it was at something like $.60 a share. Then the spammers hit and it went to $1.40, or so. I sold a few shares but kept the majority. Now the stock is down to like $.09 a share. I am holding onto it hoping... and hoping...  |
