RE:RE:RE:RE:RE:RE:Emails Replied toI may have finally figured you out. We are all stupid and you are the chosen one. What a TOOL.
Ghostinthedark wrote: What a stupid and misleading post!!! When there is a reverse split, the value of the shares remains the same. An utter disgrace--clearly you are stupid.
The stock price advances after a reverse split, and it declines after a regular split. As a result, the net value of your stock holdings remains unchanged. If, for example, the stock in our example was trading at $10 before the 5-to-1 reverse split, the new shares should begin to trade at $50. This is because five old shares represent the exact same ownership stake in the corporation as one new share, and therefore they should be worth the same. This adjustment in price is immediate and it occurs as a result of supply and demand in the market.