RE: Have you all forgotten about the possiblity of the Reverse Split?

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TOMMEEEK

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RE: Have you all forgotten about the possiblity of the Reverse Split?

posted on Aug 18, 2006 07:50PM

Well, Johnny, that was a great post i.m.o. I agree with everything you said. I have always backed off from reverse splits because they are rarely a good thing, but some do succeed. I recall a stock I owned a couple of years back..I think it was ABRX. WAS ABOUT $2-3 bucks. They reverse split and I sold, cause I generally don`t like that as it sends me negative messages. Stock went to about $21 dollars, or so, best I can recall, and I have not been able to find them in a year or so as I lost intererest.

Just an example, and ANY CORRECTIONS ARE WELCOMED, because I am not sure if the ending is true, but I am pretty sure of what happened after the reverse split.