Tuesday, March 23, 2010

AZTC - New Ticker UMLS - 1,000 -1 Reverse Split



Nothing like a good ole fashion reverse split to spoil the day. After surging almost 100% higher the company decided today was the day to let shareholders know they'll be getting the shaft via a 1,000 - 1 share recapitalization.

It's a wacky penny stock world these days.

7 comments:

Anonymous said...

well KATX looks ready for a breakout so people can put money there.... i like your .10 target...

Mike D said...

Mr. Wilcox, do you think that I should sell my AZTC shares or stick in and hope it comes back?

Anonymous said...

wHY HAVE YOU GONE SILENT ON ETLS.....THERE WAS A BLOODBATH THERE TODAY. give us some advice/ encouraging info.

Anonymous said...

The Guru failed the call on KATX. It doesn't seem like ready to breakout in a while. Strong resistance at .05s

Immie said...

How is the call on KATX a fail, just because it didn't move in a day or two. If you need instant gratification handle yourself, or else be patient. You should be a little more thankful for free advice.

Bob Wilcox said...

People are quick to judge when the trade goes the wrong way. ETLS was up or several days. Today it pulled back on light volume.

KATX still over $.05, that is my limit. If it styas over $.05 its a buy.

Anonymous said...

I triggered the breakout last week for etls thats why it broke out. I pulled the stock single handedly from .0009 bid to .0013 bid. But the mm's are giving me and other shareholders sleepless nights. Any thoughts Bob? Do you think us shareholders will still get paid?