I used to preach on Hotcopper against such stupidity but now I've decided just to punish the twits.
After all, if certifiable idi*ts insist on selling me their shares at $1.60 after a 14:1 consolidation, - because the "market "expects consolidated shares to fall" -then I will take it.
Today I dumped far fewer than I bought and walked away with a nice parcel of free shares to add to my long term holding - literally gifted to me by these genius traders.
They were even kind enough to cover my brokerage on both transactions!
In my opinion, DIO is right now easily worth in excess of $2.40, but who is going to waste time arguing about "fair value" with this mob?
No more Mr Nice Guy.
(Sir) Lunchalot
Snarler Extraordinaire
another hit like today, page-11
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