XG Technology, Inc (XGTI)

[gdturner]

OMG they are doing another reverse split. I discovered that in the news section. one of the proxies or something. I am glad I jumped out before the last split. Examining the charts shows this company has a bad habit of doing splits. Then the stock goes lower and lower, then another split. If you was a shareholder several years ago, you probably would not have any shares left after all these splits.

No one can make money here in long term as long as the company relies on reverse splits to prop them up enough to stay on NASDAQ.