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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: JamesB who wrote (7640)6/27/2000 8:50:00 PM
From: Wayne Rumball  Read Replies (3) | Respond to of 11130
 
For those not in the know, James is talking about SPMR

apparently tomorrows 5000:1 reverse split will NOT reverse anyone that would end up holding less than 100 shares, for holders of 100 shares and more.

This often is the case in R/S scenarios, cost saving measure or something or other.

ha ha ha, SPMR found themselves with a multitude of 100 share shareholders this afternoon....... We will have to see how the $14 investments pan out......



To: JamesB who wrote (7640)6/27/2000 10:32:00 PM
From: TOPFUEL  Read Replies (1) | Respond to of 11130
 
James will be cool if this gamble pays off . LOL I saw pit was buying so I went and bought 25k shares at.004 to .006 then Harbie told me what was up so I sold 24,900 shares LOL