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Microcap & Penny Stocks : Trading 101

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To: Ga Bard who wrote ()5/17/1998 1:32:00 PM
From: Bullhorn  Read Replies (1) of 406
 
What's wrong w/this picture...

Company A selling off assets, plans to have a reverse split at 22.5 to 1

Company B private to reverse merger w/Company A and for ea 3 shares of company A you get 4 of Company B

Close of Company A on 5/15 dwn .04 to .14

Reverse will go through due to the few that hold the stock have majority.

Any hints on what I should look for??

1000 @ .14-reverse=45 @ 3.15= 60 of new stock @ ???

I'm lost.

Kurt
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