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Re: hrauto post# 54

Thursday, 11/08/2007 11:22:19 AM

Thursday, November 08, 2007 11:22:19 AM

Post# of 58
Reverse splits work well for companies that are making money, or have significant growth quarter over quarter. POS companies will just continue to go down.
I bought shares in a startup drug company that was growing rapidly bought in at .32 reverse came 1 for 10 and the price opened $3.20 dropped to 2.75 and soared over $25 in the next year and a half. The quarter over quarter growth hugh.
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