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Microcap & Penny Stocks : ISGI ANYONE????
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To: craig poppe who wrote (2179)9/5/1996 10:30:00 PM
From: Tom Basile   of 2665
 
Craig,
I think where they were going with this is to break the stock out of the current price rut,whatever the cause, be it shorts whatever. I think the pros and cons could be argued all over the place. Like Mike Sawyer and others I"ve been long on this stock for a while before the TWT transition, I'd like to see SOMETHING happen. I"ve seen it go both ways in my somewhat limited experience on reverse splits. Sometimes it scares the hell out investors and they bail, other times the institutions come in and hold it up and away it goes. IMO with the seemingly lack of confidence on the broker, institutional side, a reverse split would probably make the stock more shaky...TB
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