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Microcap & Penny Stocks : Corporate Vision (CVIA) -- Ignore unavailable to you. Want to Upgrade?


To: VBH who wrote (1391)12/29/1997 10:40:00 PM
From: Milk  Read Replies (1) | Respond to of 6654
 
Hi VBH,

Here is a textbook definition:

Reverse Stock Split - a proportionate decrease in the shares of stock held by stockholders. For example, a 1:3 split would result in the stockholders' owning 1 share for every 3 owned before the split. A company generally institutes a reverse split in order to increase the market price of its stock.

Milk

P.S. See invest-faq.com for more info



To: VBH who wrote (1391)12/30/1997 11:10:00 AM
From: D LEE  Read Replies (3) | Respond to of 6654
 
VBH - My humble Reverse Split example.

Message 3052368

Some are a little down on that thread, so I thought an
entry there on reverse split was appropriate.
Not so on this thread, which is alive and healthy
like a newborn baby!

An idea, and a clean slate are what CVIA is based on.
As an outsider myself, I can only say that reducing shares
through a split will bring on a more volatile appearance.

In comparison to the securities they are now holding,
many investors may appreciate CVIA's accounting books and
the novelty of it's approach, especially with market
conditions encouraging them to seek out some local havens
in our more stable service sectors.

People must buy tires, and the investor types will broaden
if CVIA becomes less speculative. That's a redundent statement,
but i don't think CVIA can be ignored (as long as some
stocks are), when actual progress is being made.
This is due to the market condition and the affordable price.

I'm looking for CVIA to "proportionately" match last years
performance of ABTX if successful, but I still expect their
"acquisitions" to be those of "agreement" rather than
actually acquiring the mom & pop companies themselves.

As for when they start chugging, as with you,
I'm still searching the best bottom to test
any of my present "supposings" on.
But the spirit is very pure and good here.
I truthfully enjoy checking out this thread.

Dave