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50 to 1 reverse split question?
I own 2,750,000 shares in a stock that is about to most likely undergo a "50 to 1" reverse split. When this happens, every 50 shares I hold will be converted to a single share, but the price of the individual share will raise quite a bit. I bought this stock at a whopping .0004 per share and have traded it both up and down and made some decent money in the last few months.
Now I'm wondering if I should grab several million shares and hold on for the split which will drastically reduce the number of shares I hold, but also (hopefully) drastically improve my investment with this stock that I once regarded as a "throw away penny stock"
Any seasoned advice out there from people with positive outlooks?
4 AnswersInvesting1 decade agoWhat do you think of this list of Conservative Hollywood actors and celebrities?
And does knowing they are proud of America make you want to see more of their movies or buy more of their albums?
This list is from FreeRepublic.
Danny Aiello (Act)
Kim Alexis (Act)
Denise Austin (Sports)
Alan Autry (Act/Fresno,CA Mayor)
Bob Backlund (Wrestler/Pol. candidate)
"Sir" Charles Barkley (Sports)
Jeff "Skunk" Baxter (Music)
Orson Bean (Act)
Catherine Bell (Act)
Belamy Brothers (Music)
Tom Beringer (Act)
Jan Berry of "Jan and Dean" (Music)
Clint Black (Music)
Lisa Hartman Black (Act)
Ernest Borgnine (Act)
Bruce Boxleitner (Act)
George Brett (Sports)
Jack Buck (Sports)
Jim Bunning (Sports/KY US Senator)
Delta Burke (Act)
Kirk Cameron (Act)
Drew Carey (Act) (Libertarian)
Dixie Carter (Act)
Nell Carter (Act)
Harry Wayne "K.C." Casey of "KC and the Sunshine Band" (Music)
Tom Clancy (Author)
Harry Connick Jr (Music/Act) (Democrat)
Robert Conrad (Act)
Charlie Daniels (Music)
Tony Danza (Act)
Doris Day (Act)
Bo Derek (Act)
C.C. Deville (Music)
Mike Ditka (Sports)
Shannon Doherty (Act)
Jerry Doyle (Act/Pol. cand.)
Fred Dryer (Sports/Act)
Leslie Easterbrook (Act)
Clint Eastwood (Act) (Libertarian)
Buddy Ebsen (Act)
John Elway (Sports)
Chad Everett (Act)
Brett Favre (Sports)
Glenn Ford (Act)
Haden Fry (Sports)
John Gavin (Act/fmr. Amb. to Mexico)
Crystal Gayle (Music)
Sarah Michelle Gellar (Act)
Joe Gibbs (Sports)
Mel Gibson (Act)
Melissa Gilbert (Act)
Clarence Gilyard (Act)
Rev. Billy Graham (Religious)
Kelsey Grammar (Act)
Fred Grandy (Act/Fmr. IA Congressman)
Merle Haggard (Music)
George Hamilton (Act)
Paul Harvey (Radio)
Patricia Heaton (Act)
Charlton Heston (Act)
Catherine Hicks (Act)
Hal Holbrook (Act)
Bob Hope (Act)
Dennis Hopper (Act)
Susan Howard (Act)
Dale Jarrett (Sports)
Dwayne "The Rock" Johnson (Wrestler/Act)
Jimmy Johnson (Sports)
Christine Jones
Shirley Jones (Act)
Jeff Kent (Sports)
Bobby Knight (Sports)
Yaphet Kotto (Act)
Steve Largent (Sports/OK Congressman & future Governor)
John Larroquette (Act) (questionable)
Tommy Lasorda (Sports)
Jerry "The King" Lawler (Wrestler/Act/Pol. cand.)
Al Leiter (Sports)
Meat Loaf (Music/Act)
Anne Lockhart (Sports)
Heather Locklear (Act)
Mike Love (Music)
George Lucas (Director) (questionable)
David Lynch (Director)
Loretta Lynn (Music)
Norm MacDonald (Act)
Karl "The Mailman" Malone (Sports)
Barbara Mandrell (Music)
Louise Mandrell (Music)
Jackie Mason (Comedian/Act)
Johnny Mathis (Music)
Charles McCord (of Imus In the Morning)
Reba McEntire (Music/Act)
Bernard McGuirk (of Imus In the Morning)
Don McLean (Music)
Linda McMahon (Sports)
Gerald McRaney (Act)
Al Michaels (Sports)
John Milius (Director)
Lorrie Morgan (Music)
Julianne Morris (Act)
Wendy Moten (Music)
Jim Nabors (Act)
Wayne Newton (Act)
Chuck Norris (Act)
Ted Nugent (Music)
Gary Numan (Music)
The Oak Ridge Boys (Music)
Mike Oldfield (Music)
Gary Oldman (Act)
Tom Osborne (Sports/now NE Congressman)
Ken Osmond (Act)
Marie Osmond (Music/Act)
Fess Parker (Act)
Jameson Parker (Act)
Joe Paterno (Sports)
Joe Pesci (Act)
Richard Petty (Sports/Pol. cand.)
Regis Philbin (Act)
John Popper (Music)
Laura Prepon (Act)
Nancy Davis Reagan (Act/First Lady)
Ronald Reagan (Act/Governor/President)
Dana Rohrabacher (CA Congressman)
Roseanne (Act)
Kurt Russell (Act) (Libertarian)
Pat Sajak (Act)
Pete Sampras (Sports)
Rick Schroeder (Act)
Jon Secada (Music)
Tom Selleck (Act)
Paul Shanklin (Satirist)
Ricky Skaggs (Music)
Paul Sorvino (Act)
Robert Stack (Act)
Nancy Stafford (Act)
Ben Stein (Act)
George Steinbrenner (Sports)
Shirley Temple-Black (Act/fmr. Ambassador)
Dave Thomas (Act) (SCTV, not Wendy's)
Fred Thompson (Act/TN US Senator)
Dean Torrance of "Jan and Dean" (Music)
Joe Torres (Sports)
Travis Tritt (Music)
Janine Turner (Act)
Val Venis (Wrestler)
Jimmy (J.J.) Walker (Act/Radio)
Darrell Waltrip (Sports)
Julius Caesar "J.C." Watts, Jr. (Sports/OK Congressman)
Patrick Wayne (Act)
Ann Wedgeworth (Act)
Lisa Whelchel (Act)
Reggie White (Sports)
Cindy Williams (Act)
Hank Williams Jr. (Music)
Ted Williams (Sports)
Martha Williamson (Producer)
Noble Willingham (Act/Pol. cand.)
Bruce Willis (Act)
Tiger Woods (Sports)
BeBe Wynans (Music)
CeCe Wynans (Music)
ZZ Top (Music)
10 AnswersPolitics1 decade agoWhat do you think of this list of ultra-liberal Hollywood actors?
And does it change how you feel about seeing any of their movies or buying their records?
Adam Brody
Al Franken
Alan Dershowitz
Alec Baldwin
Alice Walker
Allison Janney
Alyssa Milano
Andre 3000
Andre Agassi
Art Alexakis
Ashley Judd
Babyface
Barbara Streisand
Ben Affleck
Ben Stiller
Benjamin McKenzie
Bette Midler
Bill Bradley
Billy Crystal
Bob Saget
Bonnie Raitt
Boyz II Men
Brad Pitt
Bradley Whitford
Brian McKnight
Bright Eyes
Bruce Springsteen
Bud Selig
Cameron Diaz
Candice Bergen
Carole King
Charlize Theron
Cher
Chevy Chase
Chris Rock
Chris Tucker
Christian Slater
Christie Brinkley
Chuck D
Colin Hanks
Damien Fahey
Dana Delany
Danny Glover
Dave Grohl
Dave Matthews Band
David Cross
David Spade
Death Cab for Cutie
Demi Moore
Dennis Weaver
Diana Ross
Dixie Chicks
Doug Flutie
Dustin Hoffman
Ed Asner
Ed Harris
Eliza Dushku
Ellen DeGeneres
Eric Stoltz
Famke Janssen
Frank Sinatra
Gene Wilder
George Clooney
George Lucas
George Peppard
George Soros
Glenn Close
Green Day
Gwyneth Paltrow
Hank Aaron
Harrison Ford
Heather Graham
Helen Hunt
Herb Williams
Hulk Hogan
Jack Black
Jack Nicholson
Jackson Browne
Jada Pinkett Smith
Jake Gyllenhaal
James Caan
James Cromwell
James Garner
James Taylor
Jane Fonda
Janeane Garofalo
Janel Moloney
Jason Bateman
Jason Biggs
Jennifer Aniston
Jennifer Garner
Jennifer Lopez
Jenny McCarthy
Jerry Springer
Jessica Biel
John Cusack
John Fogerty
John Glenn
John Goodman
John Grisham
John Leguizamo
John Mayer
John McEnroe
John Mellencamp
John Travolta
Jon Bon Jovi
Jon Stewart
Joy Bryant
Jurassic 5
Kate Hudson
Keb' Mo'
Kevin Bacon
Kevin Costner
Kevin Spacey
Kimberly Guilfoyle
Kirk Douglas
Kirsten Dunst
Krista Allen
Larry David
Larry Hagman
Leigh Steinberg
Leonard Nimoy
Leonardo DiCaprio
Lewis Black
Lizz Winstead
Luther Vandross
Madonna
Margaret Cho
Marlo Thomas
Marshall Mathers
Martin Sheen
Mary Chapin Carpenter
Matt Damon
Meg Ryan
Melanie Griffith
Melissa Etheridge
Melissa Gilbert
Melissa Joan Hart
Meryl Streep
Michael Bolton
Michael Douglas
Michael Eisner
Michael J. Fox
Michael Jackson
Michael Jordan
Michael Moore
Mick Foley
Mike Farrell
Mike Richter
Muhammad Ali
My Morning Jacket
Nancy Grace
Natalie Cole
Natalie Portman
Nicole Kidman
Norman Lear
Omarosa Manigault
Oprah Winfrey
Owen Wilson
Patti LaBelle
Paul Newman
Pearl Jam
Peter Angelos
Peter Yarrow
R.E.M.
Rachel Bilson
Reese Witherspoon
Regis Philbin
Richard Gere
Richard Schiff
Rita Wilson
Rob Lowe
Rob Reiner
Robert DeNiro
Robert Redford
Robert Vaughn
Robin Williams
Ron Livingston
Ron Reagan
Russell Simmons
Sam Seder
Sara Jessica Parker
Sean Combs
Sean Penn
Serj Tankian
Sharon Stone
Sheryl Crow
Shirley MacLaine
Steve Bing
Steve Buscemi
Steven Spielberg
Stevie Wonder
Stockard Channing
Susan Sarandon
Ted Danson
Ted Turner
The Black Eyed Peas
Theo Epstein
Tim McGraw
Tim Robbins
Tom Cruise
Tom Hanks
Tom Morello
Will Rogers
Tommy Lee Jones
Vanessa Carlton
Walter Cronkite
Warren Beatty
Wendy Malick
Whoopi Goldberg
Willie Nelson
Woody Allen
Wyclef Jean
23 AnswersPolitics1 decade agoDid Senator Olympia Snowe fail Americans?
By caving in to democrat thuggery and breaking ranks with her own party she is failing America, the GOP, and everyone who ever voted for her.
Voters across the nation need to let her know that we're watching her. We may not all be able to vote in her district, but we can send money to her GOP opponents. We can also put the word out that we want nothing to do with career politicians like her.
Write to here here and let her know that she's done. Maybe obama can make her one of his new czars.
21 AnswersPolitics1 decade agoIt's because the Olympic committee is racist... right?
I mean it has to be... why else would they put the boot to the great obama in the first round?
Darn European racists.
12 AnswersPolitics1 decade agoIs the Olympic failure Obama's waterloo?
I love that he used a teleprompter to make his pitch, and that his wife (the queen) made her schpeel about how her poor sick daddy makes getting the Olympics a must have in Chicago.
I know, I know... the Olympic committee must be racist.
15 AnswersPolitics1 decade agoWhy do so many liberal Hollywood types support Roman Polanski?
He plead guilty in 1977 to molesting a 13 year old girl. Debra Winger and other liberal celebs are speaking out on behalf of him and waving "Free Polanski" signs.
How can the left support pedophiles like him? I guess the whole ACORN thing makes more sense now.
19 AnswersPolitics1 decade agoSerious Question: Why does the AP report in such an opinionated manner?
Here are three examples:
http://news.yahoo.com/s/bloomberg/20090923/pl_bloo...
http://cbs11tv.com/watercooler/Marine.fakes.war.2....
http://news.yahoo.com/s/politico/20090923/pl_polit...
In the first "news" release interview someone who says “It was a very safe speech,” said Suyeon An of RCM Asia Pacific Ltd, who left before Palin stopped talking. “Boring I have to say.” Was that all the person had to say, or did they simply pick upon that to cast the piece in a certain unfavorable light?
In the second "release" about the US Marine, the story seems to go out of it's way to make service members look bad, and even goes so far as to describe a youth camp for troubled kids as a "compound"
In the final "piece" the author goes out of his way to point out that "He faced criticism for his own behavior during Obama’s speech, too; although he didn’t interrupt the proceedings with any shouted accusations, he was seen scanning his BlackBerry as the president spoke."
It seems that big media is slow to learn that Americans are waking up to their bias and are growing tired of it. What say you all?
6 AnswersPolitics1 decade ago