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phrantic

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phrantic

Re: joebagadonuts0909 post# 5440

Monday, 01/23/2012 11:48:23 PM

Monday, January 23, 2012 11:48:23 PM

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Hey Joe. This post from Agri spells it out very succinctly:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71140704&txt2find=proxy

The altar of Lenfest has been made bare in the land of TEVE and found to have termites. For every 200 shares of TEVE you own you will get 1 share after the split. Example: You own 800 shares pre-split, then after the split you own 4 shares. The $ value remains equal, but the number of shares reduce significantly. It's very common for OTC/Pink stocks to really crash and burn after splits. Be careful out there.
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