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A forward split drops the price, for a reason!

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SmallCapsMarket Member Profile SmallCapsMarket Member Level 
Tuesday, July 24, 2012 10:24:49 PM
Re: rarefind post# 1308 Post # of 13634 
Compensated Awareness Post - View Disclaimer
A forward split drops the price, for a reason!

Quote:
The Board and stockholders believe that the forward split is in the Company's best interests, as the increase in shares available at a lower price in the marketplace may be more attractive to potential stockholders.



http://ih.advfn.com/p.php?pid=nmona&article=53570401&symbol=JRRD

Saying it's going to drop is a SAFE assumption. $4.00 divided by 30 = .1333.

FYI





As Always: My Number 1 Priority is to educate. Penny stocks are very volatile, Always do your own Due Diligence
Journal of Radiology, Inc. (JRRD) Stock Trading Info:
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