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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: TraderGreg who wrote (5189)2/15/1998 12:36:00 PM
From: Kurt N  Read Replies (1) | Respond to of 11708
 
Thanks for the info. I'm glad that you mentioned it here in case somebody decided to invest in OLEX without doing any minimal DD (SEC filings (good-luck on BB's), News Releases, SI Thread). A 1-20 reverse split explains the decline.

Only exceptions are reverse splits to gain listing on Nasdaq/AMEX/NYSE and get out of the OTC:BB arena. Don't think reverse splits to maintain Nasdaq listing once listed are a good thing, but several will happen when the new Nasdaq mininum $1 rule is phased in OR get demoted to being an OTC stock.

Will look at VINF.

Kurt