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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: kathyh who wrote (1371)4/9/1999 3:04:00 PM
From: mattie   of 108040
 
I don't know if you all have seen this on VLDC, but looks a little fishy. Also reverse splits are usually easy money to short into, they almost always move back to pre-split level.

"SAN BRUNO, Calif.--(BUSINESS WIRE)--Feb. 19, 1999--Golden Chain Marketing (OTC BB:GCMK - news) announced today that it is changing its name to Virtuallender.com, Inc., its symbol to VLDC and its cusip number to 92825R. effective Friday, Feb. 19, 1999."

Also, on that day, it reverse-split four for one.

"Friday February 19, 2:30 pm Eastern Time
Company Press Release
ADD to BW0105, CA-GOLDEN-CHAIN
ADD to BW0105 (CA-GOLDEN-CHAIN) after last sentence of release xxx In addition, the company announces a four for one reverse stock split."
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