PICK Communications Corp. Press release Message Board

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Microcap & Penny Stocks : PICK Communications Corp. Press release

PICK 51.54

+0.1%

Dec 24 4:00 PM EST

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To: Al's Fun who wrote (711)	7/21/1999 12:21:00 PM
From: MakeMoney	Read Replies (2) of 746

To "Al's Fun". Thanks but NO THANKS!! i just found out that this company is going to be doing a REVERSE STOCK SPLIT!! that is all that i need to know to tell me that i want absolutely NOTHING to do with investing in this company - at least not for now. Yes - i may invest in PICK after - AFTER - the reverse stock split has happened - and the stock price has DRIFTED BACK DOWN TO ABOUT WHERE IT IS TODAY. by that time the all important "float" will only be about one-tenth (1/10) of what it is today!! obviously - i absolutely HATE reverse stock splits - and for some very valid reasons. furthermore - i am most definitely not the only stock market investor who feels this way - HARDLY!! almost every PROFESSIONAL stock market investor that i know firmly believes that reverse stock splits are simply nothing more then very stupid - totally MISguided - stock market types of GIMMICKS that some companies do to simply try to get listed on the NASDAQ - PERIOD!! anyway - Good Luck to you, my friend. i truly do hope that i am wrong but i honestly do believe that you are now going to really need it!! take care.

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