Aly Energy Services, Inc (ALYED)

[Midwestrader]

REVERSE SPLITS are a DISASTER for existing shareholders. Anyone holding 100,000 shares of ALYE--soon to be ALYED will wake tomorrow morning with only 5,000. 10,000 shares,now you only own 500.

The Ask will be $9.20 per share at the bell (at the present pps),how long you think that will last?? A lower share count doesn't suddenly make a stock worth 20 times what it was the day before. And...an RS doesn't effect the AS,they could start diluting this back up in a couple of weeks.

I've seen this distruction over and over and in time the pps will be right back down to the original 0.468 cents--or lower.