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Microcap & Penny Stocks : CCEE Breaking Out

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To: BANCHEE who wrote (9546)3/16/1998 8:16:00 AM
From: Stan Price  Read Replies (2) of 12454
 
BANCHEE,

Whether I agree or disagree with what you say makes no difference. We are still on the same team. The fact is, the guys that DO make the decisions concerning the split will do so without our input or reasoning. I will say this one thing, though. IF they do the reverse first, I will not be selling.
Here's a thought to throw out there. If they reverse split and the price goes over $5.00 then the stock becomes marginable (and shortable). Does anyone have any thoughts as to how this might affect trading? Will anyone be increasing their positions?

A side note to Ron Logo: Are you buying right at the open or will you wait until an hour or so later? Do you think the MM's will take advantage of Friday's late move to 15/32 and move the ask to 1/2?
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