The real value of HexoThe company did a 4 for 1 share (reverse split) approximately 18 months ago.
Now, the share price has tanked to an all-time low,
lower than when the company first issued shares on the market 6 or 7 years ago.
Do your own basic math----.26 cents divided by 4
is 6 cents.
The real value of Hexo at this monent in time is exactly .0625 cents.
Why would anyone with a basic understanding of stocks buy a significant amount of shares---say 1,000--in a conpany that is going to conduct another reverse split of 14/1 or be delisted from the NASDAQ.
Never believe 99% of the shite posted on this board.
And never purchase shares blind. If you don't understand financials, do some research at
1. Zacks
2. Yahoo Investing
3. investing.com
and countless other reputable stock analyst websites.
All of these websites will provide recent news, 12 month target price, and whether to buy, hold, sell.
Always conduct your own DD.