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Re: chemdah post# 576

Thursday, 11/16/2006 7:53:33 PM

Thursday, November 16, 2006 7:53:33 PM

Post# of 673
I have never seen a stock below 0.0001, and a reverse split would make the price higher and the shares fewer. for ex:
normal split : ex: 3:1 1 share is now 3 before the stock was $9 now its 3, but you have 3 shares for every 1 you own. In a reverse split its the complete opposite. for example: 1:100 split means for every 100 shares you own you will now have 1 so if you have 100,000 shares now you will have 100. but the old price was say 0.01 now it will be $1.00. So, what do you guys say about this stock? any recommendations?, Do they really have 14.2 Billion shares outstanding after a 1:3030 reverse split? thanks. also what do you guys think of PCLO.

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