Post by
quantricko on Nov 03, 2022 7:36pm
IF U BOUGHT $1000 shares @ Reverse Split You Have $3 today🥵
IF YOU BOUGHT $1000 worth of shares at Reverse Split in May 2021, TODAY you will have ONLY $3 (THREE BUCKS);
1. The history of this stock in numbers that don’t lie:
8 Years ago, GLD (now CHAL) was $1.35
2. In other words, prorated to post REVERSE SPLIT X23 multiplier:
$1.35 X 23 = $31.05 prorated value to post May 25th, 2021 (Reverse Split)
3. After Reverse Split date (May 27th ) , Stock was $1.27
4. From 2014 to 2021 (Simply 7 Years): Stock lost
$1.27 - $31.05 = $-29.78 % Loss = -(29.78 ÷ 31.05) X 100 = -95.9% Loss in stock value & your investment in 8 years.
5. From May 27th 2021 to date (Tuesday November 1) the stock declined from $1.27 to $0.10.
6. Loss in value & investment within 17 months as a percentage is:
$0.10 - $1.27 = - $1.17 (-1.17 ÷ $1.27) 100 = -92% (Loss in your investment
7. OVERALL loss of stock value in 8 YEARS to date:
$0.10 - $31.05 = - $30.95 loss As a Percent Loss: (-30.95 ÷ 31.05) X 100 = - 99.7% LOSS in stock value
8. That means an annual DROP in value of:
99.7% ÷ 8 years = - 12.45% drop in value per year
9. If you invested $1000 last year (May 2021) YOU WILL ONLY HAVE (100.00% - 99.7% = 0.3%) left
0.3/100 = 0.003 X $1000 = $3. THREE BUCKS.
Comment by
GustheGreek on Nov 09, 2022 12:33pm
Agreed, Chalice is a big loser thanks to the idiotic management team. But to put things in perspective, ALL MJ stocks have tanked. For example, if you bought Aurora Cannabis 4 years ago, you're down 99% today. So for every dollar you invested in Aurora, it's now worth 1 cent...