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Strategies & Market Trends : 50% Gains Investing

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To: - with a K who wrote (40492)3/8/2005 9:33:43 PM
From: Carl WorthRead Replies (3) of 118717
 
good news that they finally announced the split, as it was authorized almost 3 months ago...apparently they were working on the nasdaq filing concurrently with effecting the split, and of course they still have to run the business...as long as they continue to execute, i can forgive them the delay

this may get the stock moving again, but i wish they had put out the earnings at the same time

they had given a ratio of 1:4 or 1:5 for the reverse, so it is probably a positive that they went with 1:4, feeling that the stock will be able to stay over 4 bucks at that ratio...i would say that bodes well for their earnings report, but of course i'm long the stock so my opinion may be slightly biased <g>
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