ROE (GER around June 6) Now, we know.
posted on
May 29, 2008 07:47AM
Official: a name change to Gale Force Petroleum Inc (GER) and a reverse split of 1 for 8. DD on the Kentucky shale acquisition continues and, frankly, little have changed.
Halt lifted at 11AM with a .075 open. People knew of the reverse split, and now, ROE trades around .065 with a few lucky buyers getting .06. Reverse splits do not work often but one must remember that so many of those RS are necessities rather than looking ahead.
I think those getting .06 or .065 will do well, but then, this is just my opinion.
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