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Re: stupiderthaniwanabe post# 4525

Sunday, 12/27/2009 7:18:43 AM

Sunday, December 27, 2009 7:18:43 AM

Post# of 9838
The problem for some people in a reverse split, is that they don't own enough shares, and they wind up with 0 shares after such a split. Especially if they reverse split stock a couple of times in a row. I think that is how companies steal from people. Take their money, then take the stock back with reverse splits. I didn't knoow about reverse splits when I got involved in buying stock. No one told me about that part. Then companies print up more stock papers, diluting your shares. You'd think companies wouldn't be allowed to do that. That once a certain number of stocks is designated, the only thing the company is allowed to do is to split the stock. But that's not the rule apparently.