News Focus
News Focus
Followers 9
Posts 3907
Boards Moderated 0
Alias Born 07/07/2002

Re: Zeev Hed post# 206862

Wednesday, 02/18/2004 8:59:04 PM

Wednesday, February 18, 2004 8:59:04 PM

Post# of 704047
Yes, of course the split news has been know for some time, but it actually takes effect tomorrow. Perhaps this isn't true, but anecdotally, stocks get a pop when the split is announced and then they mark time until it actually takes effect. I think that the marking time may have to do with some people arbitraging the small spreads between the when issued and the actual stock.

Whatever. I hope you're right in thinking that it will mark the bottom. I bought some more at higher levels than here, and have plenty of the stock for now, don't want more, I want it to go up.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today