SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : HCCA IS GOING TO BE THE NEXT BIG WINNER!!!
HCCA 0.0002000.0%Sep 27 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: taz man who wrote (3353)7/2/1998 1:45:00 AM
From: SnakeCharmer  Read Replies (2) of 3459
 
REVERSE SPLITS SUCK! PHOOEY... I'm Mad as Hell......and I'm not Going to Take it Anymore!!!!!!!!

If you trade the pennies enough, the dreaded "RS" will surely eventually rob you. Rarely are reverse splits successful,
and many publicly owned companies are using them as a way to create no-fault/no-pay financing at the expense of
unsuspecting investors. Sometimes there are clear signs that a split is possible or likely. Sometimes signs can be more
difficult to read.
I was recently involved in a Reverse that took me and many others by surprise while taking us to the bank with a 70:1
RS. The immediate result of this split slashed the stock price by nearly 50% before the new symbol had even traded. The
real surprise with this stock, was the news releases about acquisitions, financing and the company' hard line approach to
dealing with "shorters" and illegal offshore debentures that simply didn't legally exist. In one well written news release
about an exciting name change and possible merger, the CEO explained that the name change was necessary to force the
illegal shorters to cover. In the same release, the company announced it's first ever dividend to shareholders in the form
of stock warrants in the new symbol as a token of loyalty and good faith. (The hook!) The release also included a
request from the CEO for stockholders to call for and hold the stock in certificate form to force the shorts to cover. This
was the first sign that should have told us that we were just lambs being lead to the slaughter. The fact that the price
could not be moved upward regardless of how many shares were bought should have been another sign. Of course we
were all convinced of the illegal short position and everyone bought shares as fast as the company could unload them. The
jury is still out as to whether this stock will rebound or continue to crash and burn. The percentages greatly favor the
latter.
So let's discuss in this forum, ways to spot the signs of the reverse split so that maybe we can all learn to identify some
of the warnings. Tell us about a split you have been involved in or just vent some anger about being robbed by this legal
form of theft. This thread techstocks.com is open to all. Please share anything you may have.

S~

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News