Re: Comments on these recent low priced most active
All of these used to be much higher in price. They did multiple splits during the tech bubble and now have lots of shares outstanding but their valuations have decreased substantially from their bubble prices. Apparently they thought the profit growth from the dot.com IPO dot com feeding frenzy would sustain itself. Thus the multiple splits. If they did reverse splits, I'm sure you'd see volume decreasing on all of them.
|