Proxy Season

I Predict a Reverse Stock Split Explosion

I’m calling it here and now:  2009 will witness a record-setting explosion in reverse stock splits, on both the New York Stock Exchange and the NASDAQ. According to Marketwatch.com, more than half of the Wilshire 5000 index is currently trading under $5 per share.  That’s pretty sick when you think about it.  The Wilshire 5000…