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Re: Garyst post# 3249

Tuesday, 09/18/2012 10:53:08 PM

Tuesday, September 18, 2012 10:53:08 PM

Post# of 89915
Another question, I know what reverse spilt it but how does it help when it comes to investment? Why would a penny stock do a reverse split? I know big ones do it so that they can keep trading on NYSE, like CITI did. but penny stocks can go as low as they can... I hold SMHS which is a big mess and trading at 0.0001 and heard R/S is coming with 90/1 ratio. How would this help me as a investor?

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