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royhj1956

05/24/09 2:14 PM

#36843 RE: SteveP #36842

Investopedia explains Reverse Stock Split
For example, a 1-for-2 reverse split means you get half as many shares, but at twice the price. It's usually a bad sign if a company is forced to reverse split - firms do it to make their stock look more valuable when, in fact, nothing has changed. A company may also do a reverse split to avoid being delisted.
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spleef jones

05/24/09 2:37 PM

#36844 RE: SteveP #36842

if the split was aproved the would dean want to pr everything in order to get share price as high as possible for the split?