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rinator

05/29/11 9:03 PM

#30289 RE: holesinmyjeans #30287

sure it can split. unfortunately it will be a reverse split at some point at this company strives someday to be listed on the nasdaq where there is a minimum pps requirement. a one-to-many split won't be happening.
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mattysimone

05/29/11 10:14 PM

#30316 RE: holesinmyjeans #30287

yes they can split, I had a 420 stock do it last year. sfio probably has to many shares to split though.....but if they buyback while its cheap then I suppose it could someday, but not anytime soon

go sfio
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cjstocksup

05/29/11 10:34 PM

#30319 RE: holesinmyjeans #30287

Yes penny stocks just like big board stocks can all split. They can forward split or reverse split depending on the companies agenda. I have been in several Nasdaq stocks espeiclaly after 911 when the markets crashed and a ton went below a dollar so in order to manintain Nasdaq status they had to reverse split to take the share price higher to maintain listing. Also a lot of DOW stocks do it. It happened to a ton of big board stocks back over about 2 years after 911 and even after the financial crash of 2008 and 2009.