capital consolidation...good or bad, page-2

rather than speak the obvious here is a scenario...HCY is a penny dreadful all would agree..now if im in the business of speculation on penny dreadfuls,i want large holdings at low prices rather than small holings at dearer prices...u r right nothing will have changed as a company so in fact ur buying a dog at more expensive prices when there r far better producers out there and hence is why 9 times out of 10 these dogs retrace after consolidation back to their original prices..ill say no more on this obvious subject