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loanranger

06/11/11 6:30 AM

#49 RE: Karmasaur #48

You're right in that I don't care, but the truth is I just don't understand the whole reverse split, messing with the share structure stuff. It just doesn't happen in my circle of stocks and I'm at a distinct disadvantage every time the subject comes up in the penny boards. I know the effect is to reduce the number of shares and increase the share price proportionately, but I don't know what the advantage of doing that is to the "perpetrators". Can you give me a short explanation?

BTW, I just looked at the board and realized that it's just pretty much us :o)
The last prior contributor, b_avocet, is a name I remember well from the Y boards as, I believe, the first guy to find a Spongetech SpongeBob at a Walmart. I'm not sure he wants to be remembered for that :o)
Hi b_av, if you're reading.


Later, K.