ISGI ANYONE???? Message Board

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Microcap & Penny Stocks : ISGI ANYONE????

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To: Ben Geh who wrote (2576)	9/15/1996 10:43:00 PM
From: Ben Geh	of 2665

All: Reverse splits are such a terrible and depressing news that most times such news would throw the shareholder into an emotional turmoil and the stock price into a plunge. In most cases they do just that. However.... ISGI stock price was on a downward slide towards 19/32 on Friday when news of the reverse split came on the wire about 3.00PM. One would have thought that the MM's would have immediately seized on the opportunity to drop the bid down to at least .50 if not more. And what happened? They did no such thing but instead they help the stock to close at the day's high of 21/32. How's that for support! An outstanding 5.7 million shares do not seem to be the MM's cup of tea anymore. Ben

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