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vinmantoo

03/22/08 4:52 PM

#9389 RE: jessellivermore #9388

<<After the split the price will start heading toward the same level only now you have only half as many shares;;;; do a little research. >>

If you really believe that, you should sell all you have now. I know that the intial path is usually down after a reverse split. How far down GTCB goes will be a composite between whether the overall market atmosphere remains negative, gets worse or improves, what the partnership deal looks like interms of up front cash and whether the partnership funds new trials for different rATIII indications, such as in heart surgery as Cox keeps saying, and finally what the DIC results will be.

The delay could certainly mean a reverse split is coming, but there could be other reasons as well.
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DewDiligence

03/22/08 7:21 PM

#9399 RE: jessellivermore #9388

>After the split the price will start heading toward the same level only now you have only half as many shares;;;; do a little research.<

As a blanket statement, this is patently wrong. There have been many cases where the share price climbed after a RS; a recent thread on this board cited several examples.

Serious investors usually own a calculator and are sufficiently facile in arithmetic to know how to multiply the share price by the number of shares outstanding in order to calculate the market cap.