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Microcap & Penny Stocks : AmeriResource Technologies (ARET)
ARET 0.00010000.0%Nov 5 1:03 PM EST

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To: Halbert who wrote (2241)9/11/1998 11:56:00 AM
From: MakeMoney  Read Replies (1) of 7609
 
My friend. if this company does a reverse stock split, then i get "burned" - BADLY!! that is exactly why i so TOTALLY HATE reverse stock splits!! to do a reverse stock split is the most stupid - idiotic - thing that the management of a "BB" company can ever - EVER!! - do!! why? the answer to that one (1) is simple - reverse stock splits never - NEVER!! - work!! it really is just as simple as that. reverse stock splits ALWAYS cause more harm (a LOT more harm) then good!! to do such an absolutely asinine thing is recognized by the professional stock market investment community as being exactly what it is - a stupid (very stupid) - cheap - "last-gasp" - GIMMICK!! - by management to try to "force" their "BB" stock into becoming a "listed" stock. it has never worked and it never will!! all a reverse stock split really does is to give the stock price of a "BB" stock a sudden (artificial) - totally UNjustified stock rise - without have any really solid financial FUNDAMENTALS under the stock to support such a sudden increase in stock price. because of this the stock price always - ALWAYS!! - falls back DOWN to where it was before the reverse stock split took place. sometimes the stock price even falls back to a LOWER price then it was before the reverse stock split took place!! the share-holders - in the mean time - get totally "screwed"!! i am investing in "ARET" because i truly believe (HOPE!!) that the management of this company has enough "brains" to never - NEVER!! - do a reverse stock split!! this company will rise ON IT'S OWN MERITS!! likewise, the stock price of this company will rise ON IT'S OWN MERITS!! it may take a little longer then a lot of people would like, but IT WILL HAPPEN!! all that a reverse stock split would do is to absolutely guarantee that it would never happen at all!! if i am wrong about the management of this company and they do a reverse stock split, then, yes, my friend - unfortunately you would be right - and we would all be "dead"!! take care, my friend. God bless.
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