Peabody Energy Corporation (BTU): Aci did a reverse split and took alot of...

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Re: Dsnipp post# 684

Monday, 08/31/2015 5:19:24 PM

Monday, August 31, 2015 5:19:24 PM

Aci did a reverse split and took alot of shares out of circulation. It's really trading at .95 cent pre rs. I think btu is gonna do the same. I voted my proxy this weekend allowing directors to do so. That takes the float down and makes it harder to cover short traded shares. If this is done...we could see the same price action as aci. Back to the 200 mda.

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