Bottom Feeding (XCL, REDI, MTCI) Message Board

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Strategies & Market Trends : Bottom Feeding (XCL, REDI, MTCI)

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To: martyn st-micha who wrote (2)	3/22/1997 4:56:00 PM
From: Fred C. Porzio	of 22

I agree this can be a good play, BUT, if they pull a reverse split then your caught holding the bag. This is exactly what happened to Olympus Ventures stock. It was trading (under OLPV) between 1/16 and an 1/8, then without warning from the company "WHAM" they pulled a 30 to 1 reverse split, and changed the symbol to OVIS. The stock went from $3.00 to 7/8 real quickly. 7/8 equals about $0.03 cents at the pre-split price. Good Luck, Fred

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