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Microcap & Penny Stocks : TALK -- Ignore unavailable to you. Want to Upgrade?


To: Alfred W. Post who wrote (35)10/17/2002 3:54:15 PM
From: ChrisJP  Read Replies (1) | Respond to of 55
 
Most reverse splits are done out of delisting desperation or so the company can issue more shares of stock to raise money.

TALK was neither of these. They R/Sed so that institutions, many who often cannot buy stock under $5, can now buy shares. I hope their strategy works, lol.

Looks like the R/S stigma may have lifted today :-)))

It needs to hit something like $7.50 for me to break even.

Chris