All Entries Tagged With: "reverse-split"
April 4th – Winners and Losers
Overall a nice day in the penny stock market. On my scan 156 closed higher, 252 down and 45 closed even.
April 4th – Winners and Losers
Overall a nice day in the penny stock market. On my scan 156 closed higher, 252 down and 45 closed even. PURO crumbled some 64% after being down more than 75% earlier
Chart of the Day – GBOED
GBOED recently did a 5,500 -1 reverse split. Its the lovely nature of this market
CMGR – A 20,000-1 Reverse Split Does Little to Deter Buyers
On May 11th, 2010, less than four months ago, CMGR had 11,215,116,075 shares outstanding. Yes that is 11 BILLION shares outstanding. The next month the company decided to screw each and every one of their loyal stockholders with a 20,000-1 reverse split
CTYX – To Perform Reverse Split , Shares to Be Reduced By a 50-1 Ratio
Effective August 23rd shareholders of CTYX will find their share holdings reduced by a ratio of 50-1. As I noted to my subscribers CTYX was a great stock because of its share structure. If that were to change so would my view of CTYX.
ECPL – Will The Rally Continue?
ECPL has mounted a very impressive rally recently, one that has made a lot of people money. That is what trading penny stocks is all about. I have told my subscribers that penny stock traders have very short memories.
Time to Issue Rules Regarding Corporate Authorized Share Structure Changes
This is a great article, thank you fun1 for pointing this out.
EVFN – Still Busy Giving Penny Stocks A Bad Name
Readers of This Blog know I was all over EVFL last year, telling the world that a reverse split was coming on the bidless stock. Sure enough just a day before Thanksgiving EVFL pulled a 600-1 reverse split, and changed their stock ticker to EVFN.
EVFN – Rest Assured Shareholders, The Reverse Split Is Not Going To Happen Tomorrow
With today’s press release EVFN has put shareholders on notice.
CWRN – Cannot Pay It’s Bills – Default at Secratary of State
I keep wanting to type CWRM, not CWRN, as that was the ticker prior to the last reverse split. Seemingly this company has the money to issue press releases, but not enough money to keep their filings at the Nevada Secratary of State up to date. One recent press release touted a $11 + million headline number to try to draw the fish closer to the lures.
THRR – The Questions You Need To Ask For The Conference Call
Why would someone buy billions of shares of stock at $.01 when it is being traded at only $.0006 a share? How does a company that is losing $400,000+ a quarter get a buy out offer that is over 1,000% more than the current trading price of its stock?
GOIG – Up Over 1,200% Since The Guru Called The Bottom
Does anyone remember this chart? It was a chart no one wanted to touch except the guru.
Weekend Stocks To Research – GRNO, GOIG, INIX
GRNO up 133% today is a stock to take a look at this weekend. The stock has posted an amazing run since the middle of last year. The question: Is it warranted?
TFBN – Just… Don’t Do It. —— Added To The Guru’s Worst List
Trading stocks at their bottom can provide lucrative ways to make a profit.
EVFN – $.06 to $.004 In Two Months – But They Just Reduced Their Corporate Debt – So They’ve Got That Going For Them… Which Is Nice
I urge readers to do a search on this blog for EVFL and EVFN.
The Guru’s Watchlist – Wednesday Jan 13th – GBOE, ANX, BEDA
GBOE – record volume pushed the price higher.
