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Replies to #3256 on NEWBIES BOARD
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Garyst

09/18/12 11:39 PM

#3258 RE: stockrule #3256

That seems odd as usually it is the other way around with say a 1:90 ratio being that would bring the pps up dramatically. One dose not make any money on the day of the "Split". It just basically adjusts the amount of shares you have and makes the pps more lucrative to new Investors. Hope this makes sense. If not let me know.
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Garyst

09/19/12 11:17 AM

#3271 RE: stockrule #3256

stockrule, see my reply to Don on the Board. I had it backwards last night. What they will in essence be doing is raising the pps up to about 01 with that ratio of a split making it look more lucrative to individuals that are afraid to buy stocks that are trading at 0001. Granted you will not make anything off of the split. You'll just have less shares but a much higher pps. The theory is then that more interest will come in when it is near 01 and then when it moves higher that is when you would benefit and make $. Hope this makes sense.