My memory was after reverse, stock opened at $0.20 and it was pretty quickly at $0.50 intra-day. People wanted to trade and realized they could not through on-line brokerages and discount brokerages and the s*** hit the fan.
I think you give way too much credit to DTC. Goggle DTC and you'll see plenty of companies that are in an absolute tizzy over how they have been treated by the DTC and by the fact that the DTC will not tell them what the problem is. One company recorded 50 separate phone calls with the DTC, according to their news release, and never once was told why a "chill."
Paul Knopick pknopick@eandecommunications.com 949.707.5365
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