Now Nortel Goes For A Reverse Split

2 thoughts on “Now Nortel Goes For A Reverse Split”

  1. I still remember the quarter they lost $20B! Nortel is Canada’s version of Worldcom or Tyco. That nobody ever went to jail shows that the Canucks aren’t as enlightened as we give them credit for.

  2. The only people to gain anything from the split is Nortel As a small shareholder of only 31 shares now originally 310 worth 2.50 $775.00 now the proud owner of only 31 shares @6.20 $192.20 Does one need to ask who profits? These old shares have already lost thousands since the original purchase. Pretty soon you will have it all The poorest investment I have ever seen.One would sure hope something can be done to turn this around.

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