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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K
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To: Mike K who wrote (5334)8/10/1998 9:57:00 AM
From: John Chapman  Read Replies (1) of 7491
 
Mike K: You are right about reverse splits. My account was recently credited 67 cents for 150 shares of HCCA after a reverse at 1:1000. Of course there were over 500 million shares there prior to the reverse. I bailed on ALAN months before a reverse was announced because it was so obvious that this was the only way to keep its price over 1 to stay listed on NASDAQ small cap. I rode out a reverse on ATEC and did very well. All of these had much much larger total shares outstanding than CSHK. As Cashco posted, CSHK has 20,143,405 outstanding. It is really out in left field to be discussing reverses at this point. jhild sees no warning signs and I do not either.

A good way to drive down the price of a stock is for a thread to start talking about reverses. It is interesting how certain people know that and expanded the discussion.
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