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Bullboard - Stock Discussion Forum Sandstorm Metals & Energy Ltd STTYF

GREY:STTYF - Post Discussion

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Post by geodcan on May 20, 2013 2:15pm

gazelle

it was personal choice for me to dump my shares, not a have to.  every other time i've been caught up in a reverse split (consolidation) i've lost my capital.  i think it's the death knell for the stock that printed too many shares.  the last one i had was v.sgg.  it consolidated at 10 for 1 new share and then dropped 90% so i had 1 share for every ten old shares and it was still worth the preconcolidation price.  good luck if your staying the course.
Comment by thegazelle on May 21, 2013 1:25pm
Hi, thanks for your insight and sharing your experiences. I have significant concentration of SND.V in both my RRSP and RESP and as a single income family, I am feeling the indigestion of the stock price continuing to edge lower.  I have been buying on the drops since it was at .57 or so (pre-consolidation) and yet it continues to drop.  Without a dividend, I am hanging on to my ...more  
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