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Microcap & Penny Stocks : MSEL
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To: Glenn Petersen who wrote (1159)12/26/2000 5:20:42 PM
From: Arthur Tang  Read Replies (1) of 1200
 
Reverse split seldom wins unless it is way above the $1 border line. It has to be done when the company has good prospect to improve its fortunes.

MSEL could be better off as a bulletin board stock, until their sales start to improve and margin too. They can then reapply for Nasdaq qualification. Anyway, Nasdaq has not been strict on delisting as I explained many times.
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