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Biotech / Medical : CYTO -- Ignore unavailable to you. Want to Upgrade?


To: Jody Ritchie who wrote (7396)11/13/1998 10:44:00 AM
From: Gary L. Kepler  Respond to of 8116
 
CYTL just approved a 7:1 reverse split so others are doing it. Often it is the beginning of a death spiral in price.



To: Jody Ritchie who wrote (7396)11/13/1998 4:56:00 PM
From: James  Respond to of 8116
 
I concur on the reverse split. DCGR reversed 30 to 1. It went from 60 cents to 3 cents reversed to 90 cents and is now down to 18 cents. Reverse splits usually mean that the company is in trouble and uses it as a last resort to get more money.