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NewbieWar

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NewbieWar

Re: maverick one post# 10043

Saturday, 08/29/2015 8:19:40 AM

Saturday, August 29, 2015 8:19:40 AM

Post# of 19165
I wont argue with you on what actually happens with companies doing a reverse split, but the amount of shares is completely arbitrary to the market capitalization of a business.

A market value of a business should be based on book value, earnings or some sort of intrinsic value, not a desirable share price.
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