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Friday, 12/02/2016 10:42:37 AM

Friday, December 02, 2016 10:42:37 AM

Post# of 6123
Expectations are that sometime in 2017 YGYI will have to do a reverse split to uplist the stock.

This could be good, or this could be bad.

I think it will work out if they are in a strong financial position at the time.

If you want to watch what happens to a stock after a reverse split, take a look at Cowen Group, symbol COWN.

It is currently trading around 3.50 a share and will do a 1 for 4 reverse split after the close today. So on Monday it should be trading around 14 dollars a share. The company says it is doing a reverse split to make the stock more attractive to investors.

I think it will do well. Currently trades below book value of around 6.24 a share and tangible book of about 5.42.

Will YGYI do well after it's split? Maybe. But in the meantime watch how COWN trades when it's split is complete.

I might be instructive.

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