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Bankruptcy inevitable...
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First recorded activity by BoatBanter: Sep 2007
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Bankruptcy inevitable...
On 26 Dec 2008 14:59:02 -0600, Dave wrote:
On Fri, 26 Dec 2008 14:34:36 -0500,
said:
If Ford Motor Company price drops $1.11 more, they'll be DELISTED!
Don't rule out a reverse split to avoid delisting.
That may work in the very short term. Longer term, shares tend to lose much
of the per share price increase following a reverse split. I've seen it
happen a number of times, and studies have also demonstrated that this most
often occurs.
Since when has business in the US been at all interested in thinking
long term? These days, most companies are run on daily flash reports.
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