Replies to post #149394 on Strategic Asset Leasing Inc (LEAS)

[Mr Rollup]

Doesn’t say that. Not saying this is legit but worth a look

[Zardiw]

A Reverse Split is not a bad thing all by itself. It's what happens After (Usually) that's bad.

Usually after a RS, a company starts selling shares again, which knocks the price down rapidly.

That's why they call it 'Resume Selling'.

But if there isn't any selling then the RS is just a revaluation of your holdings.
The price may even go up, cause a higher share price allows say institutional investors.

1000 shares at .10 = $100
After a 1-100 RS:
10 shares at $10 = $100.
No difference.........you just have less shares at a higher price.

Z