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Re: sahd3g post# 17796

Thursday, 02/10/2005 10:24:55 AM

Thursday, February 10, 2005 10:24:55 AM

Post# of 341666
Not sure how long you've been investing but I've been doing this for 30 yrs and while you sound quite confident in your statements, and make them as if they are fact they're just not... hedge funds mostly short. When they do go long it's usually because they have inside information... the hedgies play outside or at least skirt the laws that bind most of us and to date the SEC has mostly turned a blind eye.. who do you think is responsible for all of the naked shorting?

Name me one aggressive mutual fund who's charter doesn't preclude them from buying non-reporting pink sheet companies? Most funds won't even own a stock under $5 though there are exceptions to this, but what you are saying is simply not true.

>> Reverse splits are perceived as a negative. <<

I'll have to admit that this was my same belief before I googled the issue. This was a commonly held Wall Street "rule" that I was well aware of... only it didn't turn out to be true. I guess you're not going to bother to look it up though...

Anyway, and I can hardly believe I'm saying this, if you sell on news of a split, I suspect you'll be quite sorry. Should this even happen, it is hardly imminent however.