U still have the same amount of mony are u that fuken dumb would u rather have to 50 or 100 ask the shareholders of ericy if rev splits hurt value the stock went from 4 to 30 after a 10 for 1 split what a bunch of morons u guys are
A reverse split , in this case, would be advantageous because many mutual funds have it in their charters that no stock under 5$ can be held .Thus the stock would now have many more prospective buyers . More buyers means higher prices.
widely held stocks, and is already over 30% institutionally owned. But I realize you are just some dummy only repeating a blurb you heard from someone else in an vein attempt to somehow make you look a tad sophisticated.
Argosy, not always. HEC was .50, a R/S of 10:1 and the stock was $5.00. Six months later, practially to the day, HEC was .50 again and today, about 2 years later it is .42. I believe without the R/S it would still be .42. The problem with HEC was weak management and they used the R/S as a coverup to protect the CEO and his groups of flunkies. The same as AGR is trying to do.
your stupid. if your down 3k at 5000 shares and reverse splits say 1 for ten you have to go up 6 points to get your money back instead of 60 cents.makes all the difference in the world.just say no! dump management imho