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Re: Whiplash_Investor post# 177046

Wednesday, 08/15/2018 1:11:42 PM

Wednesday, August 15, 2018 1:11:42 PM

Post# of 211607
I understood your point... I'm wondering if you understood mine?

For one thing, I haven't heard about anything in the works... Have you?

And even if there were, it can actually turn out to be a good thing in certain instances...

Interestingly, two out of three of these stocks from this 2012 article are up quite impressively:

* Shares of Coeur d'Alene Mines (NYSE: CDE) have soared 74% since the silver miner executed a 1-for-10 reverse split at $1.40 three years ago.

* Laboratory Corporation of America (NYSE: LH) turned to a 1-for-10 split in 2000. Things have gone so well that it went on to declare a pair of forward splits after that.

* The market applauds priceline.com (Nasdaq: PCLN) as the leader among travel website operators, but how quickly have we forgotten its 1-for-6 reverse split in 2003. The stock is a 27-bagger since its reverse as of today!


https://www.fool.com/investing/general/2012/03/20/reverse-splits-arent-all-bad.aspx

PS: I'm glad to see you can find some good news

The good news is Rich hasn’t RS’s higher than 1:10 in the past.

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