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New Energy Technologies Inc NENE



GREY:NENE - Post by User

Post by slingshot17on Mar 02, 2011 1:58pm
336 Views
Post# 18220160

Reverse splits usually not good

Reverse splits usually not good    I don't know about the validity of any misstatements, but I have had more experience with reverse splits than I desire, and the results have not been to my advantage. So I sold my two week old position for a small loss. The final straw for me was the tripling of the authorized shares in conjunction with the reverse split.

I like the concept of the technology, but won't buy again until I am comfortable that it is viable technology and these guys know how to proceed. Just my opinion.
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