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littlefish

07/04/07 5:56 PM

#285 RE: dickmackey #280

I would counter that it depends on the reverse split. With some tiny plays like KTEL, it isn't gonna work well to have a big crowd. But for something like HQSM, where all you needed to own was one share presplit and you would get rounded to 100 AFTER a 20:1 reverse split (!!) you could have a million people getting in over weeks and still have little impact IMO on the share price. Man, I screwed up not doing the HQSM play. I didn't believe it was real.

Anybody know of examples where the reverse mergers weren't what they said they'd be? i.e. fraud type stuff? Good luck all. Happy 4th...