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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46
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To: bottomfish who wrote (1754)11/15/1998 3:26:00 PM
From: chalu2  Read Replies (1) of 5541
 
If there are really 90 million shares outstanding, a reverse split should be considered by the company. Only the largest companies can show meaningful profits in the face of such a huge number of outstanding shares. A reverse split only panics the ignorant. Look at FLYTD--shares are up nicely since last week's 1 for 3 reverse split. If there's true value, reverse splits can only help you.
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