Replies to post #235 on WR's Momentum Trades (TITT)

[Wayne R]

An explanation of forward splits on shell stocks and what I imagine is going on;

So the shell has 100K float, or less. The shell find A R/M partner. At this point they cancel most of the outstanding shares then do a forward split.

Then they issue the new shares to the R/M company.

Next step is to move the price of the stock to a reasonable level for a private placement they've arranged.

And VIOLA! 10 bagger

Then again it could be something else all together........

Wayne - PTGIDLMAOTT
This is not a recommendation to buy or sell securities. I have most likely purchased this stock before mentioning it (how stupid do you think I am???). If you wish to run it up 100% or more, I thank you in advance.