Fri, Dec 26, 2014, 10:31 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Tellabs, Inc. Message Board

  • kodak_one_moenton kodak_one_moenton Nov 23, 2012 11:05 AM Flag

    broker predicts REVERSE stock split for 367 million shares outstanding

    Broker says SELL
    likely 1 for 10 reverse stock split; and the brokerage firm does not believe management will use any of its needed cash for share buyback. All talk, smoke and mirrors.
    Has price target of $1.40 by year end on tax selling.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • That's funny, because I received a call from my broker last week with a table pounding BUY recommendation. And this broker has a very good reputation and track record with sub $5 stocks. Why would the company even consider a reverse split? That's laughable. How many shares are you short on TLAB? If you are you better cover quickly. The stock is very likel;y headed back up to the $3-$3.25 area in the next couple of weeks and when the fiscal cliff solution is reached it could challenge the highs of this year.

      Sentiment: Strong Buy

 
TLAB
2.440.0000(0.00%)Dec 3 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.