TSXV:AEL.H - Post by User
Comment by
Longlurkon Sep 20, 2018 5:40pm
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Post# 28659627
RE:RE:RE:RE:Left In The Dark
RE:RE:RE:RE:Left In The DarkIts starting to look like the only news was just the reverse split. They probably just didn’t want the price constantly at half a cent as it makes the stock obviously appear worthless ( which it currently is with no news). However, if you reverse split and have your stock valued at several cents, it looks better, even if it’s obviously the same market cap. Look at all the interest pre-split. There were millions of bids at .005, now no one will even touch the ask that’s currently at .14...if you do the math, that’s the equivalent of .007 pre-split. Sometimes we make bad trades, it happens. It looks like this was unfortunately one of them. I’ll just continue to hold as I’ve been able to average down to the mid 20’s.