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Pastimes : Georgia Bard's Corner
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To: BarbaraAnne who wrote (179)4/24/1998 12:03:00 PM
From: eric deaver  Read Replies (1) of 9440
 
I am glad this came up. I am about ready to jump into a penny that I have been doing some serious DD on. Can someone explain to me two things:

Why would a company do a reverse split - just to make its stock price higher and hopefully gain more respect from investors that do not trade pennies?

AND

How would one know that there would not be a reverse split - just talk to and trust management or are there certain documents to look for. I know that this was talked about in AVBC and even there we are trusting a president's promise (as well as the idea that Tom would have nothing to gain from a RS - hence question #1)

Thanks to all who care to answer.

Eric
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