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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?

To: PROBABILITE who wrote (3113)	7/10/1999 11:39:00 PM
From: SwampDogg	Read Replies (1) \| Respond to of 36688

SBX...nothing like buying 10k and then getting 2k in return. There is a difference with reverse splits; it is a psychological difference. Stocks almost always go down after rollbacks. I guess the main reason is that the holders of a rolled back stock are more likely to panic because the shares have further to fall. It seems that when pennies get under a certain price some holders say "what the hell" because they feel that they have nothing to lose so they continue to hold. It will probably rollback and then drift lower to the $0.80s or $0.90s which would be $0.16-$0.20 pre-split. There could also be a lengthy trading halt at some point or the deal could be rejected and the stock would be hammered.