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Microcap & Penny Stocks : Dimensional Visions (DVGL) -- Ignore unavailable to you. Want to Upgrade?


To: Syd Deem who wrote (119)11/6/1997 3:56:00 PM
From: MZUBOZ  Read Replies (1) | Respond to of 128
 
Syd,

Have you followed the RMIL (formerly OVIS formerly OLPV) thread. They did a 1:30 split back in January. Brought the price up to 2.40 but it fell to a low of .18. Now it is 2.50 and recently has got as high as 4.00. This has all been based on the concept that there was tremendous naked short selling going on and that now a group of people control the legal float.

If there is a reverse here, I wouldn't be surprised to see the same thing happen as far as the decrease in price back down to presplit levels but with each shareholder holding only 4% of his/her original position. If it happens I think that I will sell my 320 (previously 8000) shares for whatever is possible, sit back until the dust settles, and then possibly buy back in. Maybe at that time there will be a similar opportunity like at RMIL.

Best of luck,

Doug