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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: Edward Ip who wrote (4303)	2/5/1998 8:09:00 AM
From: Rob D.	Read Replies (1) of 8835

Edward- I have only been watching pennies since Sept 97, but I have never seen a reverse-split not be damaging. If the share price is .50 and you have 1000 shares and they do a 1 for 2 reverse, you will now have 500 share at $1....but the MM's will bring that price way down, probably to .50 again....but now you have half the shares... Always best to wait until after the split for the new floor. Then buy in. Rob D.

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