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Message: Re: Motely Fool on Reverse Splits. Examples of success.
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Re: Motely Fool on Reverse Splits. Examples of success.
Shares of Coeur d'Alene Mines (NYSE: CDE) have soared 74% since the silver miner executed a 1-for-10 reverse split at $1.40 three years ago.
Laboratory Corporation of America (NYSE: LH) turned to a 1-for-10 split in 2000. Things have gone so well that it went on to declare a pair of forward splits after that.
The market applauds priceline.com (Nasdaq: PCLN) as the leader among travel website operators, but how quickly have we forgotten its 1-for-6 reverse split in 2003. The stock is a 27-bagger since its reverse as of today!