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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!! -- Ignore unavailable to you. Want to Upgrade?


To: Larry West who wrote (584)3/5/1999 8:24:00 PM
From: Dana Merrill  Respond to of 601
 
Did they do a Reverse split?

Yes,

TASA Stockholders Approve 1-For-4 Reverse Stock Split
biz.yahoo.com



To: Larry West who wrote (584)3/6/1999 11:55:00 AM
From: Bob Davis  Read Replies (1) | Respond to of 601
 
Larry,

When companies do reverse splits, symbol changes, and other stuff like this, there is often a lag before the various reporting services and brokerages get all the bugs worked out.

Actually TASAD traded 11,500 post-split shares yesterday. After some small trades at 1 7/16 shortly after the open, which I suspect were part of an effort to "flush out" some inexpensive stock, TASAD moved back up to close at $2.00.

Bob Davis
The Napeague Letter
napeague.com