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.

Microcap & Penny Stocks : AGRS -AGRISTAR INC -- Ignore unavailable to you. Want to Upgrade?

To: E*Trader who wrote (165)	5/20/1999 2:49:00 AM
From: Frederick Langford	Read Replies (1) \| Respond to of 684

Agree William, It seems pretty obvious to me that that Mr Sirk wants to get on this train with a cheaper ticket. Few experienced traders harp on a speculated negative hoping to sell in the AM. It just don't work that way.... Fred

To: E*Trader who wrote (165)	5/20/1999 7:19:00 AM
From: kbert	Respond to of 684

David is right. He is not bashing blindly I know what bashers are. Let's put the Reverse Merge Issue clear in my next post :) Archie

To: E*Trader who wrote (165)	5/20/1999 7:37:00 AM
From: kbert	Read Replies (1) \| Respond to of 684

Reverse Merger/ Reverse Split issue The company being acquired, i.e the company which will rule in fact after being acquired, needs to have control with respect of the number of shares whatever the number of share is, they will emit the number of required restricted shares. Reverse split helps as they may don't have enough authorized shares and they don't want to emit Zillions of new shares Also, having a price in the $10 helps bringing SERIOUS investors ( not amateurs like Archie LOL ) If the stock goes up, they may lower the r/s ratio, but they will issue more restricted shares. They want to have a big part of the company, and this is legitimate. Problem is that the acquiring company is supposed to have very little value, which is not the case anymore. So David point is valid, but what are the consequences ? Whether this will have an impact on stock value is a different story. As the shares will be restricted, it may have VERY LITTLE IMPACT on stock progression in the short term if the demand for share is sustained as people discover the company has real value. If value of company is limited then it will be a BLOOD BATH as people will hold a small portion of nothing instead of a big portion of nothing This does not make much difference, only the speed of the down trend will be affected. LOL :) Hope for the best Archie