Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (3313)	1/5/1999 9:30:00 PM
From: Carl R.	Respond to of 99985

Well, one other advantage of a split is that it applies equally to all. Check out the QNET stock dividend. If you have the temerity to hold through the end of the trading day tomorrow, you get 3 additional shares for each share you own - except that they are unregistered and you can't sell them. Well, long term shareholders who have held over 2 years can sell theirs, but the suckers, er I mean, short term buyers can't sell theirs for at least 6 months to a year, by which time the stock price should be back to $.50 or less, I assume. What a cool pump and dump idea! Say you aren't going to automatically reduce the price and you can get three free shares. The boiler rooms have got to be working overtime tonight. You get suckers, er I mean customers clamouring to buy up through the end of the day tomorrow, and no one willing to sell, driving the price to fantastic new highs. Then on Thursday everyone tries to get their money out all at once. Should be fun to watch. Carl