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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Rollcast... who wrote (4251)2/3/1999 4:42:00 PM
From: lightfoot  Read Replies (1) | Respond to of 11130
 
<take on BHQUC> I noticed that too, didn't trade it. There is some descrepancy on the number of shares outstanding on yahoo. It sure acts like there are plenty of shares out. Remember they announced and then retracted a 3-1 reverse split. It looks like it will take more volume to reach critical mass for the MM's to raise it up!
A quote from their filing on Yahoo!
(The reverse split will reduce the number of common shares outstanding to about 3,600,000 from approximately 10,718,000
shares.)



To: Rollcast... who wrote (4251)2/3/1999 5:00:00 PM
From: Wayne Rumball  Respond to of 11130
 
BHQUC - when it refused to break 1/2 I bailed. Someone must have had a ton they wanted to dispose of.

When and if they clear out it might be smooth sailing to $1 where they want the stock to be.

Question is, do they have other tricks up their sleve, or was the Ecommerce announcement their last best hope to avoid an R/S


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