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cpet

03/14/13 3:20 PM

#37556 RE: griff100 #37555

"In an extreme case, a company whose share price has dropped so low that it is in danger of being delisted from its stock exchange, might use a reverse stock split to increase its share price. For these reasons, a reverse stock split is often an indication that a company is in financial trouble."

http://en.wikipedia.org/wiki/Reverse_stock_split

I don't know many people who consider a reverse split great news.