August 15, 2009

Special Situation Stock

I just stumbled upon this special situation Zareba Systems ZRBA. Looks like they are doing a reverse split and will cash out shareholders who hold fewer than 250 shares for $5.20. The stock closed at $3.60 Friday.

I just found this over at Mike Goode's ReaperTrades.com

full disclosure:No position. May take a position in future.