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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: Ron Dior who wrote (6638)5/6/1998 5:27:00 PM
From: Daniel Miller  Read Replies (2) of 8835
 
Do you think it would be a good idea to pick up shares of MCYX now? Considering when it does do the reverse split it is most probably going to loose money. Is a reverse split good? I havn't delt with them ever. It doesn't seem to good considering if you pick up 20,000 shares at .043 now. If it reverse splits 1-400 we will be loosing alot of money, even if it does chaneg their share price up to 40, I would only end up with about 50 shares. Can you explain the details about the reverse split, and what effects it will have?
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