Post by
alpiness on Apr 06, 2021 11:52am
reverse stock split
the price of 1.90 is equal to 0.012 cents if you reverse the stock split where would you get a stock like this for 1 cent?????? crazy low price.
Comment by
Hempminister on Jan 13, 2022 6:27pm
What happens in a reverse split is you position is annihilated price goes up but only usualy temporarily. So now you have less of the stock and as price slips once again you are left with nothing . No one does a Rev split to benefit stock holders . It's done to pay the high incomes of board and ceo etc . Usualy followed by their Exodus from the sinking ship