CHIF - China Food and Beverage, Inc. Message Board

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Non-Tech : CHIF - China Food and Beverage, Inc.

CHIF 0.0178

0.0%

Oct 31 9:30 AM EST

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To: David Sirk who wrote (63)	1/21/1999 5:38:00 PM
From: Tomstocks	Read Replies (1) of 127

David, I agree with you these reverse splits rarely work!! Most of the time (90%) it kills a stock not helps it, especially a smaller one like this. I've been trading for 19 yrs and have seen many reverse splits, when they happen I sell everything before the stock tanks unless there is a demand for the stock and buying coming in. The first sign of the bid going down and I'm out!!! Yes, you take a small loss then monitor the stock very close and start buying when the selling stops. I'll wait to see if this one reaches 1.00 to 2.00 as it went right down from 7.00 today.

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