SI
SI
discoversearch

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.
Microcap & Penny Stocks : IVOC - Visual Telephone International -- Ignore unavailable to you. Want to Upgrade?


To: Doug Bean who wrote (3872)5/17/1999 12:01:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 4815
 
Doug, I know what I'm about to say nobody wants to hear, but I read this as a potential for a reverse split to bring in the new company. Then there could also be the 4/1 reverse on the spin-off. A clue is the comment about applying for NASDAQ. How do they get the share price there? A reverse split is one way, a big one. IMO be very careful guys, US Packaging did something like this to investors.



To: Doug Bean who wrote (3872)5/17/1999 12:02:00 PM
From: Doug Bean  Read Replies (1) | Respond to of 4815
 
Okay here comes the first shake out.
The MMs are trying to shake the tree to see who wants to sell them some shares. they will do this all day if they can drive the price down enough. Theres no way they had enough shares to back this rally and now they need to get some more so they drop the price to see who the weak hands are. When they have enough , they will let it go again.
CRDoug