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To: emergencyops who wrote (3468)4/14/1998 3:28:00 PM
From: TraderGreg  Read Replies (2) | Respond to of 6654
 
Hey Gary, it is the new guys that call the shots...but ole Jack let 'em.

The only people that win on reverses are the management who issue shares to themselves AFTER the reverse, then dump those shares into the float.

The original shareholders are bent over a chair and ram rodded...and Artie Levitt lets it happen

BTW, your example, what company was that?

TG



To: emergencyops who wrote (3468)4/14/1998 3:31:00 PM
From: Bill Monahan  Read Replies (1) | Respond to of 6654
 
make that bid 0.01 ask 0.015 and falling. This is going to heck fast.
I am not selling today though
bill



To: emergencyops who wrote (3468)4/14/1998 4:43:00 PM
From: Dusty  Respond to of 6654
 
Emergencyops,

Been there myself and it hurts like the dickens!

But, last time I was on this thread I was FLAMED like crazy just because I mentioned a split was very likely. But, that should not have been news to anyone, Jack Arnold had already stated as much and no one wanted to see the obvious.

My heartaches for I have friends who have suffered loss. For that I am truly sorry. Sorry, for all of you, it is a hard lesson to learn I have had more than one dose of the splits myself.

Dusty