TSXV:EPO.H - Post by User
Post by
prairie08sheikon May 24, 2011 12:33pm
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Post# 18618169
Kiss of Death-reversal splits
Kiss of Death-reversal splitsWhen a company mentions reversal splits, I think of NT-Northern Telecom for one.
Well, for a company to stay on the big board, TSX, a reversal split could be a necessity. However, for shorters, it is like manna from heaven. Once split is made, then, it seems that the stock has nowhere else to go again but down.
The sooner they get the vote in, then, it will give investors more confidence, like dotting all the i and crossing all the t's .