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Pastimes : JAVC - Java Centrale

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To: Everett Bandman who wrote (259)11/4/1997 5:48:00 PM
From: James Strauss  Read Replies (1) of 279
 
Reverse Splits Are Usually Bad News...

>>>Still following JAVC after the announced intention of reverse split? Today over 1.7 million share so far 39/64 X 5/8. No news yet that I know of. Big difference in Bid-Ask size 10 X 180.<<<
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Everett:

I don't like the smell of it... If I didn't know any better I might think that the market makers are churning the stock for one final fling to get the price up so there is a higher post split price... But, then again, what do I know?... : >

Jim
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