Advanced Viral Research CP (ADVR) Message Board

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Biotech / Medical : Advanced Viral Research CP (ADVR)

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To: joe blow23 who wrote (1907)	12/23/1996 11:13:00 PM
From: RickV	of 2281

i have been in the brokerage industry on the technology side. i provided the systems for brokers from citibank, efhutton, shearson, lemhan, and the like. so i have played the market many times. a reverse stock split definitely hurts the stock, i am a chartist, take a look at any stock that did a reverse and you will see a decline in price to new lower levels far below what is was a a full share quantity prior to its reverse. it is a psychological thing. for those holding shares of 10k or 100k they are now holding 10 less or 15:1 less. therefore it takes more rise to get to the dollar value they invisioned they would make. Yet on the other hand people how hold the stock will see it go down because everyone else who plays the stock sees the value low and therefore hammer the new price to new lows, because they are used to seeing the stock around that low ratio range. do some research and you will see 99% of the time a reverse without support is very bad. look now there is no support now just imagine a reverse. we will be paying advr to hold the stock -$4.00 per share. regards rick

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