REVERSE SPLITS ! Mad as Hell not Going to Take It Message Board

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Microcap & Penny Stocks : REVERSE SPLITS ! Mad as Hell not Going to Take It

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To: Fredman who wrote (203)	1/5/1999 7:56:00 AM
From: Harold Feller	Read Replies (2) of 217

Hello Fred: In most cases (of course there are exceptions) a reverse split is a last ditch effort for a company to stay listed on the NASDAQ. In many cases the price will continue to decline and you end up with the same story. Reversed stocks lose investor sentiment as it is an indirect indicator that all is not well. As an added kick in the butt, some/most/all? online brokerages charge $35 (Ameritrade-I have first hand knowledge on this one)for "quote-processing fee" to update your account. NORT is a profitable co. ($.05?-from memory) so the reverse may not be so violent. IMO of course-good luck

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