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Microcap & Penny Stocks : WOWS --> 25:1 FORWARD split just announced -- Ignore unavailable to you. Want to Upgrade?

To: Doc Horror who wrote (6)5/5/1999 1:28:00 PM
From: Stephen Yarger  Read Replies (1) | Respond to of 78
 
A forward spilt is just a normal spilt where you end up with more shares (in this case 25x more). The reason this company used the word "forward" in the press release is because usually stocks that trade at $7 would be more likely to execute a reverse split than a forward split (in a reverse split you get fewer shares and the trading price goes up)



To: Doc Horror who wrote (6)5/5/1999 1:50:00 PM
From: Boob  Read Replies (1) | Respond to of 78
 
Doc,,,for every share you own on the split date, you will receive 25 new WOWS shares,,,the price of the stock will adjust accordingly

ICEP was the last one I remember that is similar to this,,,ICEP announced a 11-1 forward split when the stock was at $1,,,the stock rose to $26 about two weeks later and then split,,changed symbols too,,,no way i was gonna pass on this after that ICEP experience

Boob


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