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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (15527)5/19/1999 3:27:00 PM
From: Kimberly Lee  Read Replies (1) of 25711
 
Joe, I don't believe the 1:100 reverse is valid any longer. At the time when the AGRS management contemplated this, the stock was trading at, I would say, 0.015. It has advanced nearly 2000% since. So, at the most, a 1:5 reverse will achieve the equivalent goal. In a few days, when the rest of the great news coming out, they may not even need a 1:5.
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