In Phase II Clinical Trials
Development of Effective and Innovative Medicines to Address the needs of Patients and Improve their Health, Longevity and Quality of Life.
Hub Controls
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit My Portfolio
Email Updates
Search
Message: Bizarre trading
Reply New Message
« Prev Message Back To Forum Go to Threaded View Next Message »
Generic_profile
Never_Post
Rank: [?]
Mail Room
Points: [?]
67
Rating: [?]
Votes: 2 Score: 3.5
  • Currently 3.5/5 Stars.
Your Vote:
Please Log In to Vote
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Bizarre trading

in response to Re: Bizarre trading by markak15
posted on Oct 01, 08 12:30PM

The reverse split would be fine by me.

A few years ago I owned Able Laboratories, a generic pharmaceutical company.

I bought them in the .33 to .41 range and they did a 15/1 reverse split (around $4) in order to achieve a NASDAQ listing.

Eventually Ables price rose to $22+ per share.

However, due to quality control issues with there product and litigation Able ended up going out of business.


Reply New Message
« Prev Message Back To Forum Go to Threaded View Next Message »
New Message

Please login to post a reply

Subscribe to Rss Feed
Executive Address
Alrxsmall
Michael Lee
President
May 18, 2006

 

Michael Lee provides the investor community an update on recent events

View Broadcast

Stock Quote
Open alrx Stock Quote