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S&P 500
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skidm

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skidm

Re: medpa1 post# 369

Friday, 06/01/2007 1:58:52 PM

Friday, June 01, 2007 1:58:52 PM

Post# of 409
Own shares also with the suggestion of Bloomfield Investment
Club. I spoke with the CEO last Friday. Of course, he explained that the R/S was to raise the pps. This is fine
but when the pps doesn't hold, you start losing money. This
has happened to me every single time I owned a R/S stock.
Examples: PLMA, RMDN. They both lost around 90% (quickly) of their value after R/S. Looks like this one is holding so far.
Last time I looked it was at 6 (reverse split price).
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