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Technology Stocks : WPCS - WPCS International Inc.
WPCS 1.030-8.0%Jan 30 4:00 PM EST

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To: Don Hand who wrote (13)7/28/2005 4:07:42 AM
From: otcbb  Read Replies (1) of 31
 
A reverse split was necessary for NASDAQ listing. Why isn't this a good thing?

"Raised money from private investors who dumped their stock
after the reverse split at a much higher price." 12 x .50 gives you a share price of around $6. So the private investors didn't dump their stock after the rs at a much higher price because they now have 12 times less the number of shares. I think you should learn how to do your math correctly sir.

The volume today confirmed the up trend just before the earning release. I guess all eyes on Wall Street are now on WPCS. If earning is good, no doubt this stock will see double digit. I am kind of disappointed at the retreat at the end of day. It's a good buying opportunity however. I still haven't sold a single share but will wait for a bargain to buy more.
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