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oscarweewee

11/02/15 11:58 AM

#3865 RE: M-invest #3864

The stock was trading for a penny when news comes out that the company has aquired another with revenues and a bright future. The stock falls to half a cent probably because of the mention of a reverse split. Does that mean if the 1 for 100 split wasn't mentioned the stock would be trading at a 100 times its current price? It makes sense doesn't it?