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Re: makesumgravy post# 157

Tuesday, 08/21/2007 4:56:13 PM

Tuesday, August 21, 2007 4:56:13 PM

Post# of 3831
If you really want to get people to believe you, you should at least try to be credible in what you present. Your representation of what a stock is worth after a reverse split is completely wrong.

You might want to go back to the basics of how stock splits work. The price adjustment imediately after a split always goes in the inverse of the split. The dollar value of your investment is still the same, even with a reverse split. You might want to discuss this with a real investor before you embarass yourself anymore.

Example: if it is a two for one split, which most people have heard of, then the new price is set at 1/2 the old price (2new/1old split in shares, 1/2 adjustment in price, get it?!)
What you have done here is deliberately try to mislead, which shouldn't be a surprize to anyone since we all know you are a paid basher (along with with your colleague Gibber and whoever else). The concept works the same with a reverse split, except that you decrease the number of shares (in this case 1 for every 300 (1/300) and the price is readjusted so that shares are 300 times more than they were before the reverse split).

This has gone beyond comical to just plain sad watching you go on with this same rant over and over.

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