(Total Views: 1141)
Posted On: 03/30/2019 12:59:33 PM
Post# of 75355
A small sampling of reverse stock splits
Priceline (BKNG) had a RS 1-6 3.50-$22
12 years later $1200
Lab of America (LH) had a RS 1-10
Within 2 years, they had two Forward 2-1 splits
Corrections Corp (CXW) had a RS 1-10
Then jumped 10 times in value
One thing for sure, most invertors will not touch a pink sheet stock
Or speculate with a company that has 2 Billion shares O/S
I believe this 1-20 RS will prove to be a very good decision !
Priceline (BKNG) had a RS 1-6 3.50-$22
12 years later $1200
Lab of America (LH) had a RS 1-10
Within 2 years, they had two Forward 2-1 splits
Corrections Corp (CXW) had a RS 1-10
Then jumped 10 times in value
One thing for sure, most invertors will not touch a pink sheet stock
Or speculate with a company that has 2 Billion shares O/S
I believe this 1-20 RS will prove to be a very good decision !
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