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Microcap & Penny Stocks : Technical Trading of Pennies

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To: paul s. who wrote (197)9/3/1998 8:31:00 AM
From: John Liu   of 478
 
I think people get more upset when a company does a reverse split vs when a company just goes out of business. I think it is because people know that many penny stocks would fail but do not want to believe that management of the penny stocks would purposely S---w them. I advice anytime a RS is done cut your losses and move on since it usually declines even more months after the reverse split.

John
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