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Wednesday, 04/07/2010 9:19:44 AM

Wednesday, April 07, 2010 9:19:44 AM

Post# of 326352
Not all reverse splits are bad. I was reading a post on another board http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48665227 Here is part of that post... I have only held a couple of stocks for over a year and one was Gulf resources GFRE bought in at .33 they reversed split ( 1 share for every 4) while I was holding kind of scared me because I thought it would kill the stock price but they went on to Nasdaq. It then climbed all the way to $ 14.00 I almost sold everything prior to reverse split at about $ 1.00 a share to triple my investment but for once held because I knew the company was solid, growing sales and profits and was a leader at what they did and had a sound niche in their industry. Can this be neomedia's future?