RE:yaaaaaaaaaaaaaaaaaaaaaa baby You keep at this math Bridgenut, but you can't calculate things the way you are. Yes you can definitely focus in on price per share pre and post split...but to somehow say that is the appropriate measure of your standing is simply wrong
The real measure of up or down is to look at your total dollar investment when you bought your pre consolidated shares and compare that to the FMV based on trade prices now. You are either up or down.
Buy 1000 at 10 cents and your cost is 100
Exhange 1000 for 100 shares and your cps is $1
And I am not sure how, on a consolidation, you get that that buying the stock at 10 cents ps suddenly becomes 1 cent a share as you assert. That is actually the reverse of what happens. You hols 1\10 of the shares you had before making each share worth 10 times what it was before.
Specifically I'm challenging this statement....why am i so careful ....because it was not so long ago that "we believed too " and bought IDK
stock at the then .10 only to find out months later that stock was reversed by the board making my stock now worth only one cent ....not ten!!!......it actually became a penny stock!!!