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Microcap & Penny Stocks : IVOC ( old VTPI ) -- Ignore unavailable to you. Want to Upgrade?


To: speedbot who wrote (465)6/14/1999 7:47:00 PM
From: Frank Brisebois  Respond to of 1041
 
ALL:

Sold 90% of my shares this am, due to this BS reverse split rumor talk. I have been unlucky enough to be in with 3-4 companies that did reverse splits, and ALL of them finally went under. The bad thing about a reverse split is that your margin of profit is GREATLY reduced. If the RS was say 1/5, your share value will have to rise 5 times greater after the split to equal what you would have made at 1/5th. Most stocks that RS usually slide backwards in due time to their pre split level.

Oh, was in at .15 out at .37........

Frank