Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: vegetarian who wrote (1102)	1/21/1998 12:31:00 PM
From: Hank	Read Replies (1) of 18691

My experience with reverse splits is that they are nearly always bad. It's a phony way of proping up your stock price so that it looks more impressive than it really is. It's a blow below the belt if you're already a share holder and a sucker punch to new investors that don't do their DD. I'd have to know the company you're talking about per se but I'd say that the only appropriate way to treat a company that does this is to short it! It's almost always a sign that the company is having serious trouble and inevitably the price will drop. Hank

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