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Re: malvern post# 2218

Saturday, 01/10/2015 7:49:40 PM

Saturday, January 10, 2015 7:49:40 PM

Post# of 27169
Also, the rule is to maintain the penny bid test price for AT LEAST 10 days and an R/S results in an increased pps that falls back down to where it was anyway, typically. So one last question:
How does an r/s help them maintain a penny bid for 10 days. And if you up the ante to something like a 20:1 split, then I don't know how you expect a 18 mil o/s to not drop real quickly with a few sells.