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[QUOTE]Originally posted by kjs69: [QB] [QUOTE]Originally posted by Jumper: [b]can someone please tell me more about a reverse split? Is it always bad news when a company does one? [/b][/QUOTE] Usually after the R/S the pps drops back down so... 2.5M at 0.0001 before the split gets you $250 After the split 2500 shares at 0.1 still $250 If the pps drops back to the same level... lets say 0.001 now your 2500 shares are worth $2.50, alot of people lose money after the split. They have to show that they can hold a pps of 0.1+ to get my attention again, but I think it will drop. I'd rather take a 66% loss then a 99.9% lose. [/QB][/QUOTE]
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