InvestorsHub Logo
icon url

rstar

03/06/10 9:28 AM

#2255 RE: Stylist17 #2254

maybe a pr will come out and the website will launch
before the market opens monday?
icon url

StocksXpert

03/06/10 10:39 AM

#2257 RE: Stylist17 #2254

They have no money to put up the website thats why they are reverse splitting to raise funds and everyone should know by now what happens after that. But it really does not matter what the co sells or does to a trader, maybe to a loyal long term investor it might. If there is a high probability setup you just take the trade. Not saying that there is one here but honestly I dont see one after the RS. There are too major reasons for an RS, one is bad and one is good for the shareholders. The good one is when the co reverse splits to up list to higher exchange, the bad one for the shareholders is when the co needs to raise funds by issuing new shares, aka diluting.

Obviously the co is not up listing so therefore there is only one logical reason for this reverse split.


Buy lower, sell higher.