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traderbob

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traderbob

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Re: bar1080 post# 88179

Monday, 03/16/2009 8:26:37 PM

Monday, March 16, 2009 8:26:37 PM

Post# of 92667
It's been my experience that after a penny stock does a reverse split the price immediately falls. It seems like management wants to reduce the number of outstanding shares while keeping the same number of authorized shares. Will management then dump these new shares on the market to raise additional capital. My experience with Hartcourt says they will.
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