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Microcap & Penny Stocks : oil patch survivors
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To: Richard Saunders who wrote (9)3/22/1999 12:34:00 PM
From: Professor Dotcomm  Read Replies (1) of 13
 
The Celestar thread made interesting reading and (from your link) the caliber of management has also seemed to have the endorsement of Donald Seaman who would have to be in Calgary's Hall of Fame it it existed.

But why is a backsplit necessary even though the cash seems a bit skimpy when compared to KWE? These backsplits rarely seem to work and the only reason seems to be if they want to list too early on a US exchange. There is nothing inherently wrong in a 'light' stock versus a 'heavy' stock. Or is there?

Dotcomm
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