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Re: QServus post# 76307

Monday, 05/14/2012 3:51:08 PM

Monday, May 14, 2012 3:51:08 PM

Post# of 79471
In my limited experience with sub-penny stocks, here's what I've found:


Expect an RS when a) a PR says "no plans for an RS", or b) there's no forewarning of an imminent RS. See CMGR(D).


.....however.....


DO NOT expect an RS when a) a PR specifically names a certain date when an RS has been "scheduled". See LFBG, SAVW, & SPNGQ (eventually found fraudulent).


In any event, I've never seen a stock enact more than one Reverse Split in a 10-month span. Thus, if you're looking for a post-RS technical bounce, you have a built-in window with which to plan.