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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP -- Ignore unavailable to you. Want to Upgrade?


To: Gordon Gekko who wrote (699)7/2/1998 6:37:00 PM
From: SnakeCharmer  Respond to of 2493
 
REVERSE SPLITS SUCK! PHOOEY... I'm Mad as Hell......and I'm not Going to Take
it Anymore!!!!!!!!

If you trade the pennies enough, the dreaded "RS" will surely eventually rob you. Rarely
are reverse splits successful, and many publicly owned companies are using them as a
way to create no-fault/no-pay financing at the expense of unsuspecting investors.
Sometimes there are clear signs that a split is possible or likely. Sometimes signs can
be more difficult to read. Let's discuss in this forum, Subject 21843 ways to spot the signs of the reverse split so that
maybe we can all learn to identify some of the warnings. Tell us about a split you have
been involved in or just vent some anger about being robbed by this legal form of theft.
This thread is open to all. Please share anything you may have.

S~



To: Gordon Gekko who wrote (699)7/2/1998 6:38:00 PM
From: Heptoad  Respond to of 2493
 
Man am I glad I only have 137 shares left in this company! It is my only penny stock, but it has been a good lesson! I have probably learned more through this one investment than any other I have! So what the hell, I have lost some money but it has been a good education. Hey Lakers, Like IB says. "God this is fun"