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Microcap & Penny Stocks : Low Float Longs
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To: Brett Fleischman who wrote (367)7/8/1998 9:50:00 AM
From: Randi  Read Replies (1) of 711
 
If you look at the historical, you will see that it has consistently gone up. Now, to me, I would rather have lower outstanding shares than a stock with 100 million o/s shares. With a lower outstanding, you have more of a chance of a FORWARD split rather than a REVERSE split.

As far as the 1 MM - well, I don't really like that either. However, I feel (my own opinion) that the company will remedy this soon. They do understand that with only 1 MM that the stock can be "manipulated".

Randi
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