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Re: Lone Wolf post# 147

Tuesday, 12/01/2015 8:35:31 PM

Tuesday, December 01, 2015 8:35:31 PM

Post# of 220
Do what you want. Hold thru the rev split. It's your money.
I said what I needed to say in reply to you already.

As a rule of trading, I learned a long time ago that most of the time a stock will short term crash yet during a pending rev split. It tends to scare people away from it once that news is announced.

Sometimes a stock will go higher after rev split news, etc, but most of the time statistically they don't, so i simply avoid anything with a rev split, and re-assess it afterwards, etc.

Yes, as you say it'll have a low float after the split, but that is later on (not now), so it doesn't make sense to gamble with odds against a person, hoping it won't fall lower in the interim on the rev split news.

GLTU

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