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bar1080

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bar1080

Re: janice shell post# 103922

Thursday, 02/18/2016 11:39:40 AM

Thursday, February 18, 2016 11:39:40 AM

Post# of 222208
R/S Question: I think I'm seeing a trend in Pennyland to smaller-ratio reverse splits. For example, where a .troubled 005 stock does a 1:5 R/S. In past years most pennies might drop to trips and pull a 1:1000 R/S.

1 for 5 hardly seems worth the effort especially since such stocks continue plummeting after the R/S.

Does going with a small ratio split speed/ease the the FINRA Rule 6490 approval process?

Is anyone else seeing such a trend? Any ideas why it's occurring.

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