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Microcap & Penny Stocks : AMGV - David and Goliath of the box makers? -- Ignore unavailable to you. Want to Upgrade?


To: Lloyd Zinn who wrote (469)11/5/1998 12:40:00 PM
From: Chuck Rubin  Read Replies (1) | Respond to of 509
 
I'm not sure, I've got to know about this deal, especially why we have to do a RS!!! And specifically what the Reverse would be ? to ?.
A lot of these small fry's are so anxious to do the reverse thing.
In my experience, it often doesn't seem to work out well for th small investor.
Right now, I want to know what our holdings will be widdled down to??
My experience has been The Reverse, then the shares go up to equal the Reverse, then sometimes, especially if there is lack of price momentum, the shares go down to where they were before and the investor is left holding the bag.
Also negativety when other investors get word of a RS, they sometimes shy away from the stock or wait a good while until after the RS happens to maybe buy in cheaper eventually.
Now mind you this may not happen, everything may go along just find, but these are only my thoughts and opinions.

Chuckr