Replies to post #113894 on Wave Systems Corp. (fka WAVXQ)

[cosmoworld7]

that depnds on the reason for the RS. Not saying its a good thing, but the reason factors in on the market reaction. For example, an OTC company doing a 100 to 1 is obviously a bad thing. But for example if Wave did a 3 to 1, yes it would take a bit of a beating, but if investors realizsed it was for the purpose of maitaining the listing it may not be precieved so badly.

[Snackman]

dig I agree with you. In a reverse split the equity will tend to go to the pre-split price in most cases that I've seen.

So, if a reverse split of 2 for 1 took our price up to $1.04 (using the current price) it would drift down to $.57 very quickly in my opinion.

Not only would I like to see a delisting first, I would even take a buyout over a reverse split. But, not to worry, I do not think it is ever going to happen. In fact, someday I expect a regular split of our stock, not a reverse split.