| 41. | RJR Nabisco shareholders approved a 1-for-5 reverse split of the company's common stock on April 12.
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| 42. | And after a 1-for-20 reverse split, also in 1995, the stock trades for about 82 cents.
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| 43. | That strategy has not worked for companies such as PlanetRx . com, which wound up delisted even after its reverse split.
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| 44. | In a reverse split, a company reduces the number of its outstanding shares, which results in a correspondingly higher price.
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| 45. | But after a reverse split, investors scared by the volatility of penny-stocks may be more willing to buy in.
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| 46. | They believe that when management lacks confidence in its company's stock, it is more likely to use a reverse split.
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| 47. | Palm common stock will trade under the ticker symbol " PALMD " for 20 days after the reverse split takes effect.
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| 48. | From time to time, companies will issue a reverse split concurrently with a forward split, making a reverse / forward split.
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| 49. | This year there was another reverse split _ this time, 1-for-50 _ leaving me with a mere 2 shares.
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| 50. | Over the last decade, 260 high-tech companies have done reverse splits, according to a report issued recently by Merrill Lynch.
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