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Re: Anatola post# 3242

Tuesday, 05/11/2010 4:29:21 PM

Tuesday, May 11, 2010 4:29:21 PM

Post# of 23476
O/S shares is 450- 490 million A stock can't fluctuated the way EVXA does if the OS shares was what you say..

EVXA did a 1/500 REVERSE STOCK SPLIT

Reverse Stock Split
What Does Reverse Stock Split Mean?
A reduction in the number of a corporation's shares outstanding that increases the par value of its stock or its earnings per share. The market value of the total number of shares (market capitalization) remains the same.

Investopedia explains Reverse Stock Split
For example, a 1-for-2 reverse split means you get half as many shares, but at twice the price. It's usually a bad sign if a company is forced to reverse split - firms do it to make their stock look more valuable when, in fact, nothing has changed. A company may also do a reverse split to avoid being delisted.