URIX to URRE, reverse split?

[clavocat]

URIX did a reverse split of 1 for 4, what do you guys think this will do for the company? it also changed names to URRE...is this a good sign? thanks

Chris

[Mad Girl Investor]

Not a good sign.
Reverse splits are a sign the company needs money, and wants to make the share price appear attractive to investors. If a company had a good solid name and reputation, why would they change it?

Id say stay away.

[Lou]

i agree, had a friend who was in agere systems and got crushed by their reverse split