RE:RE:RE:RE:RE:RE:Reverse split ?I see that you're too lazy to do your research.
If you invest in these type of stock,you better understand the ins and outs......
I see that you have a position in HNU and you're hurting. But that won't make it any better by crying and debating to make yourself feel better.
Let me help you ! READ BELOW AND STOP CRYING.... THIS IS FROM THEIR SITE !!!!
ETF Security Splits
As a general rule, a consolidation would occur with unit values at or lower than $4. Lower priced securities require a relatively higher number of shares to be traded to establish the same dollar value position. As a result, investors paying brokerage commissions on a per share basis would incur higher transaction costs. As well, brokerage firms typically will not allow securities trading at prices under $3 to be marginable.