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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Dowgal who wrote (2040)7/7/1998 6:46:00 PM
From: Kurt N  Read Replies (1) of 7039
 
Monday's closing price was adjusted for the split.

Normally the MM's would have lowered their bid/ask by the split-factor as well, and they would have if it weren't for 1 little thing.

1 MIDLP post-split will still convert eventually to 35 MIDL. Lowering the price (even as a result of the split) would cause MIDLP to be even more undervalued as compared to 35 MIDL.

Kurt
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