[2] SplitTrader.com Announces Investment Opinion.LITTLETON, Colo.--(BUSINESS WIRE)--Dec. 13, 1999-- ADMS ADMS Administrator ADMS American Donkey and Mule Society (Lewisville, Texas) ADMS Archived Data Management System (transportation) ADMS Access Device Messaging Specification Announces Second Stock Split in Company's History and Second Announcement in 1999 International book distributor, Advanced Marketing Services, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADMS), announces its second stock split this year. San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Calif.-based ADMS last split 3:2 on February 16th, 1999, after announcing Jan. 21st, 1999, at $22.50. Michael Nicita, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ADMS, felt that another split was necessary to "attract move individual investors" by lowering the share price. Thus increasing liquidity and quite possibly enticing more institutional ownership. Institutions currently invested number close to 50. Percentage of ownership 42%. This time around, ADMS's BoD set the payable date on or around January 17th, 2000. The record date is Jan. 3rd. Currently shares outstanding number 8.63 mln and the float is 2.8 mln. Average daily volume is only 16,000. After the split in January, the float will increase to 4.2 mln. SplitTrader.com will monitor ADMS but doubt this stock will make it to our Recommended Split List due to its extremely low trading volume Trading volume The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares. . Visit www.SplitTrader.com later today to view a complete profile on ADMS. About SplitTrader.com, the FREE website for stock split traders Traders Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. SplitTrader.com (ST) specializes in showing investors how to properly trade stock splits and is the leading website for identifying new split candidates. ST offers daily market commentary, thorough analysis, and market-beating performance in its stock recommendations. ST offers a complete sector watch, insightful editorials, email split notifications, a complete split calendar, and a host of focused chatrooms and message boards. Visit SplitTrader.com and sign up for their FREE membership. |
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