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Strategies & Market Trends : Just FNTT? How about LFZA, VGTI, AXYN, WORC, etc.?

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To: Josef Svejk who wrote (55)5/3/1999 10:53:00 PM
From: Q.  Read Replies (2) of 60
 
LFZA split 2:1. I find this really strange.

Why would anybody take a penny stock trading at 1 1/2, and split it?

It traded a whopping 100 shares today, after the split. Spread is nasty too: bid 9/16, ask 1.

Another interesting thing about LFZA:

I noticed that Mary Writer, wife of the CEO of FNTT, sold a large number of LaForza shares a year ago. Here's the form 144 info:
biz.yahoo.com
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