tag:blogger.com,1999:blog-3233334764716542857.post4407627905438540088..comments2024-02-13T02:01:54.860-05:00Comments on Middle Class Millionaire: Stock SplitsMiddle Class Millionairehttp://www.blogger.com/profile/05811562493746248349noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3233334764716542857.post-63711401976139701352013-03-27T12:27:52.610-05:002013-03-27T12:27:52.610-05:00Reverse stock splits can sometimes be used to give...Reverse stock splits can sometimes be used to give the appearance that a company is sound when its really not.QUALITY STOCKS UNDER 5 DOLLARShttp://www.chicagoillinoisbusinesslist.com/business/5066133.htmnoreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-64172126698514296982007-05-25T08:42:00.000-05:002007-05-25T08:42:00.000-05:00Personally, I think they are a last ditch desperat...Personally, I think they are a last ditch desperate attempt by companies trying to keep their share price out of the “penny stock” category. Like stock splits I think many of the benefits of reverse splits are psychological (and even that is questionable as 75% of stocks decrease in value after a reverse split). To me they send a message from the management that the business is in big trouble.Middle Class Millionairehttps://www.blogger.com/profile/05811562493746248349noreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-23410570480772142562007-05-25T07:12:00.000-05:002007-05-25T07:12:00.000-05:00It seems to me that stocks split in an attempt to ...It seems to me that stocks split in an attempt to keep the share price rising when it has already gone up quite a bit. It supposedly "fools" people into thinking the stock price is cheaper.<BR/><BR/>BTW, what do you think of reverse-splits?Anonymousnoreply@blogger.com