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Re: Duke Energy Reverse Stock Split 

By: DGpeddler in POPE | Recommend this post (1)
Mon, 09 Jul 12 11:37 PM | 59 view(s)
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Msg. 63787 of 65535
(This msg. is a reply to 63767 by ribit)

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ribit, penny stocks do reverse splits to stay on the NASDAC and the price plumits and they get booted off.


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The above is a reply to the following message:
Re: Duke Energy Reverse Stock Split
By: ribit
in POPE
Mon, 09 Jul 12 8:21 PM
Msg. 63767 of 65535

snapits
I have been told, or lead to believe, or maybe I dreamed it that a reverse split is so they can keep the stock high enough in value that they don't get dumped from the S&P or maybe that was the A&P. Hell I don't know but Im sure it's part of a giant conspiracy.


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