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billd1

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billd1

Re: None

Sunday, 07/31/2011 10:36:46 PM

Sunday, July 31, 2011 10:36:46 PM

Post# of 38585
I have seen R/S in 1:2,500 or even 1:10,000

I believe in LFBG case the R/S will be in the range of 1:50 there abouts if the total 10b is exhausted.

The reason why I say this is strictly for liquidity purposes.

Anything higher would bring down the O/S post-split to unreaonable O/S levels and would restrict the trading on a daily bases. Meaning it would be difficult to sell shares and restrict high volume buyers from getting in.

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