From Previous Reverse Splits
This is what generally happens. (On a 1 for every 20 shares R/S) At best, it might start @.20 It will quickly drop the 2 or 3 days after. The big boys will be able to sell during this time BUT WE WON'T. Why that is, I don't know. It will be tough watching as this slides and our broker will say unable to complete order. By the time it gets to about a dime and everybody else has sold. Then it will say we can sell. I don't think there is anything FAIR about it! Now let's see how close I get to the truth. This is just something I've noticed in the last 15 years dealing with the market and its antics. Rule#1 The big guys get the breaks and the Little guys gets the shaft! Have a nice weekend all.......