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Author Topic: Reverse splits can work
<golfman>
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Found this myself. [Razz] [Razz] [Razz]

ORCH had one in march 04.

Stock was trading as low as .40 cents a share in 03.

After March 04 split, stock went as high as $14 a share. Trading at $11 still today.

This is one of the reasons why im holding long on my OTC's. I use to read about these stocks but never found one on my own yet. They did a 1-5 split. Still would have had lots of shares left after the split.

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slim
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In 40 years in trading I've found one out of ten work. There's an exception to every rule this I will admit, but percentages are against you, on reverse splits.
Posts: 280 | From: w.sacto.ca. u.s.a. | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
blueranger
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r/s of a good company with a good stock and good
product will work.... r/s of a dog goes to .0001

Posts: 1070 | From: louisville,ky,usa | Registered: Oct 2004  |  IP: Logged | Report this post to a Moderator
<golfman>
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Adding more DNAP this year. Maybe a sign from above! DNAP is a longshot with huge potential. [Razz] My ship is due to come in one day.

Im still waiting. [Mad]

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keithsan
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NO
Posts: 9110 | From: boston, ma | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
   

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