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Re: STOCK_MOMO post# 3002

Friday, 03/05/2010 9:31:24 AM

Friday, March 05, 2010 9:31:24 AM

Post# of 8105
its true, I've done OK on reverse merger RS scenarios where the reverse split was reasonable and made sense, like a 1 for 10, or 1 for 100 even..

a 1 for 1000 is only a scenario I've seen used when the OS and float are gigantic, or if they simply intend to wipe out all existing shareholders. and again that happens but usually there is some care taken not to put out exciting news and follow much later with the RS wipeout news after lots of volume has invested in the new business plan.

it doesn't make sense, and I didn't see it coming.