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Message: Re: Reverse Split

Apr 09, 2008 10:05AM

skeedad....I'm guessing a number of 1 in 4 (or more)....but, it all is about the individual circumstances of each stock.....

The one major reason for a reverse split is raise the price of the stock (usually, IMO, to qualify for a particular exchange minimum trading price), so as long as FLIP is "over the counter", it is not required....

The reasons for failure of a RS are varied but usually because of shorting on the belief that history says the price will go down.

If the FTS debt were eliminated, there would be no downside to a RS, IMO, due to the major bottom in the stock at this time....


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