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Old 09-02-2005, 03:54 PM
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Default Re: Free gift for the forum....

thats why you have to read the filings to make sure that management can't cancel the split. I say probably around half of them management has provisions to stop the split if it gets to a certain level of investors that are cashed out.....also a majority of these are banks where the float is small so not to many people can play it before it reaches the tender price presplit therefore making it an unprofitable transaction for the retail guy.
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