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Microcap & Penny Stocks : Cinema Rides (MOVE)
MOVE 5.727+1.2%Nov 3 3:23 PM EST

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To: Lee Bush who wrote (65)7/29/1997 10:25:00 AM
From: Candle stick   of 75
 
Any idea on the date of that reverse split? Its not nessecarily bad news you know......I have seen alot of these small companies reverse splitting in order to stay listed under the new nasdaq rules. Since there are so many doing this the usual short sellers are not there for many of them, as a matter of fact a small biotech I own just reversed split 3 weeks ago and started trading around 7 and is now 11 1/2......for MOVE the float will be so tiny (around 500,000 shares) that any good news could move the stock very quickly........
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