RE:RE:OIL EXTENDS DECLINE NPI has not done a reverse stock split and pays 0.10 monthly dividends .I bought low so already up.
Here is SGY you say is up 50% . Are you up at All.?
A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. A reverse stock split does not directly impact a company's value (only its stock price). It can signal a company in distress since it raises the value of otherwise low-priced shares.