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Ciena Corporation Message Board

  • RickM352 RickM352 Aug 31, 2006 10:05 AM Flag

    Read this all longs......and understand

    Managers of firms doing reverse splits often express tremendous
    optimism regarding the firms. future profitability, as one would expect in order to
    prevent a large sell-off of shares.

    Under Federal Reserve Board
    initial margin requirements rules, stocks selling for less than a dollar are not
    marginable. Most institutional investors will not by stocks that are selling for less
    than $5, and some avoid stocks selling for less than $10.


    Buy all you can right this second. Got it?????

 
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