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Re: the count1 post# 4200

Wednesday, 03/28/2012 2:00:29 PM

Wednesday, March 28, 2012 2:00:29 PM

Post# of 66413
Speaking of reverse splits ....Here is a post from DEC of 2010, less than thirty days after the WHOPPING 1 for 500 rs from back in NOV of 2010.

Did this stock just go from $.98 to $.15 in one day?

It was $1.50 after the reverse ... just a few weeks ago. And of course, bulls said "it won't change your value at ALL. Just less shares at a higher price." I think it was Captain Ed who said it WOULD cost shareholders money, as it then had more room to FALL.

And from $1.50 to $0.15 in a week or two? OUCH!

That's 90% down just SINCE the reverse. And it was down about 90% or more BEFORE the reverse TOO.



Those that choose to ignore the past are destined to REPEAT it.