Well, JABI did pretty well today. It is only 3:1, but I felt like this one would play differently than other < 10:1 plays and I was right. I got in @ .08, and it closed @ .10 x .13. IMO, will open nicely and could be a runner tomorrow. Keep it on your watch list. This makes me believe that float is the main criteria to look at when determining splits to play and to stay away from.
Anyone get any of this? I'm glad I did now.
here is the PR:
Tuesday January 23, 5:01 pm Eastern Time
Press Release
SOURCE: JAB International
JAB International Announces Stock Split
ORLANDO, Fla., Jan. 23 /PRNewswire/ -- According to Jefferson Adams Bootes, Chairman/CEO of the JAB International (OTC Bulletin Board: JABI - news), the company is announcing a three-for-one forward split of its common stock effective as of the close of business on Thursday, January 25, 2001.
Mr. Bootes also commented during a press conference on Tuesday afternoon that JAB International plans to be making future announcements of planned funding and acquisitions in the coming weeks.
JAB International has diamond and gold mining interests in Central Africa, Honduras and Northern California.
For additional information, contact 1 (800) 380-1087.
SOURCE: JAB International
