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Gold/Mining/Energy : AOW, Arrowhead Mineral Corp
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To: LowtherAcademy who wrote (114)9/14/1999 11:40:00 AM
From: Hickory   of 193
 
As a very savvy and client-oriented customer rep once explained to me, a reverse split ALMOST ALWAYS is a prelude to a price slide.

The directors realize that they have no chance of getting the per/share price up to respectable levels without this maneuver, which means, in turn, that the company's prospects aren't very bright.

I saved myself a lot of money by bailing out of another co. that did a reverse split. Fortunately, I was able to get out before the price slide started. Not the case here.
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