InvestorsHub Logo
Followers 306
Posts 8407
Boards Moderated 0
Alias Born 06/28/2011

Re: SBR post# 4132

Friday, 06/22/2012 10:40:54 AM

Friday, June 22, 2012 10:40:54 AM

Post# of 4682
WOW , when that other poster said reverse split on the horizon i was thinking yeah right, there is no proof that a reverse split is coming, especially with a low float, thinly traded stock like this... then BAM this morning with no notice it appears a 1 for 1000 reverse split happened over night!! they totally called it! i am shocked!

so now the float will be like 150,000 shares? this could be a case where a reverse split is actually sort of interesting, because there will be so few total shares. As long as they split all of the authorized shares and not just the outstanding shares..

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.