Friday, June 22, 2012 12:15:35 PM
Stocks that do a reverse split usually end up selling for the same price they did before the split. However, it's usually due to the fact that companies doing a reverse split are going down the tubes anyways. That's not the case here with ABTL, but the market doesn't know that.
We'll see what happens, but I think Coats and the BOD just killed ABTL. I really hope I'm wrong.
Incidentally, when did shareholders vote to do this split?
stockdoc
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