NBMX - National Boston Medical (was FGRX) Message Board

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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX)

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To: Chris Holdsworth who wrote (604)	10/29/1998 10:47:00 AM
From: jhild	Read Replies (1) of 1286

But have you seen this particular maneuver, where they change the name one day and then the next there is a reverse split? I thought that story about CVSTD (#reply-6189882) that I just posted yesterday was a singular event. Maybe not. Is it possible that this is a new scheme, to first change the name, sort of freezing the current investors and then in the confusion and the hype of the new symbol they sell shares into the rally before doing a reverse split? And then next thing we know they are converting some of the preferred to sell into the float until the price is down to where it was. Then hey, they can repeat the cycle again I reckon. If there aren't rules against this, there should be.

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