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Ciena Corporation Message Board

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  • RickM352 RickM352 Aug 31, 2006 11:34 AM Flag

    In my opinion ....

    LOL....some people just don't care to (learn).

    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.

17.46+0.26(+1.51%)May 31 4:04 PMEDT