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Author: TMFJeff Big funky green star, 20000 posts Old School Fool CAPS All Star SC1 Red Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5847  
Subject: Re: Couple of questions for TMF Date: 1/9/2003 4:33 PM
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IrishSpy and dsbrady -- you play "Jeff" better than I can. :) Wonderful answers.


Where a stock is listed may indeed influence its share price in a few ways. Many people, and almost all institutions, will not invest in bulletin board (pink sheet) stocks, assuming they know where to find them. For a stock, moving from the Nasdaq to the bulletin board is something like a broadway actor moving from New York City to, say, Quito, Ecuador (not that Quito probably isn't a beautiful place). The stock's prospects go down when its real estate changes, and the stock is even more likely (judging from all the stocks under a dime on the pink sheets) to drift along unnoticed.

Now, I don't have any reason to believe that Sirius will attempt a reverse split. They're not easy to pull off, for several reasons. But they'll likely need to do something before spring if their price stays below $1.

Fool on,


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