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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: schadenfreude who wrote (1096)5/29/1998 4:06:00 AM
From: Q.  Read Replies (1) of 2506
 
Something I hadn't noticed before about EQMDE: a reverse split last August. It was 6:1. That was when the stock had reached the low single digits, after a long hard slide. The stock ran up again in the month of the reverse split, and since then has mostly returned to sliding.

A reverse split and delinquent filings are two signatures of a messed-up company.
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