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CIFC LLC Message Board

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  • roderickb99 roderickb99 Mar 19, 2008 12:31 PM Flag

    Time For Reverse, 1 for 10 Stock Split

    I am a retired PM who ran 6 SEC funds.

    An Institutional firm or manager can not buy a stock
    that trades for less that $5 or $10 as a matter or
    the prospectus or just common street convention.

    You do not want people to see that in you SEC filings that are endless, and you prospectus.

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