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YankeMike

07/22/08 1:39 PM

#7917 RE: Doc Holliday #7915

It's only about 80% if I remember correctly from an article I read. There are different types of reverse splits. Yes most of them in pink sheet stocks are done so the company can dilute more. In that case, absolutely it's a bad thing and the stock will go down after. However, you should not treat all reverse splits equally. Some of them are done to raise the share price to either uplist or to stay listed on a higher exchange. If there is no dilution after the reverse split, it should not be viewed negatively.
Mike