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Microcap & Penny Stocks : ADGI - American Diversified Group

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To: MakeMoney who wrote (7164)9/11/1998 10:01:00 PM
From: grw5  Read Replies (2) of 9569
 
MM,

Adding my 2cents to okelly's, I have never had a rev.split that recovered to its pre-split price.
The only thing I have ever seen a rev.split do is to make a temporary sawtooth in a chart giving a stock more room to go down.

I have had more than one that eventually went to ZERO. I wasn't hurt bad because I use my "gambling" money for this type of stock, but I have seen others that were.

My Not So Humble Opinion----
REV.SPLITS ARE THE SCOURGE OF PENNYSTOCKS. I HATE THEM AND WILL NOT PUT MONEY INTO A STOCK IF MANAGEMENT IS SERIOUSLY DISCUSSING SUCH ACTION.

If this is not clear enough I will be glad to repeat this post.

Best of luck,
George
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