InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,019.92
(
-1.02%
)
US TECH 100
16,787.20
(
-1.60%
)
Dow Jones
37,913.67
(
-1.42%
)
Brent Oil
86.79
(
-0.50%
)
Bitcoin
64,175.85
(
-0.16%
)
Post# of 712
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

samandphoebe

Send PM Follow Ignore
Followers 0
Posts 4
Boards Moderated 0
Alias Born 06/06/2006

samandphoebe

Re: G GEKKO post# 208

Tuesday, 10/09/2012 1:12:36 PM

Tuesday, October 09, 2012 1:12:36 PM

Post# of 712
Huh? LPTN stopped trading yesterday at 0.78. A 1-7 reverse split means that it should START trading at $5.46. Also, Citigroup and many other stocks reverse split because the price of the stock on the exchange they are on does not allow many investors to invest (i.e, mutual funds, etc.). Lpath chose to reverse split to go from the OTC Bulletin Board to the NASDAQ, to attract investors it could not on the OTC. So it's reason for the split was to move to another exchange, not to sure up its price on an existing one.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up