Post by
Here4thekeks on Oct 03, 2022 2:25pm
HOW MUCH MONEY INVESTORS LOST SINCE REVERSE SPLIT. LOOK HERE
To give investors an idea on how much gain/loss was made by buying CHALF just after the 23:1 reverse split. I will show the math and the resident manipulator with 30 aliases is welcome to correct me if my numbers are wrong or my math is wrong.
If you bought (let’s say) 3000 shares since the reverse split Then:
Here is the math
3000 shares a year ago @ $1.27 on May 26 2021
3000 X $1.27 = $3810 On May 27, 2021
$3000 X 0.16 = $450.00 ONLY today. October 3, 2022
How much did I lose?
Original $3810 – Today $450 = - $3360 LOSS
(-$3360 Divided By $3810) X 100 = -88% loss in ONE YEAR
OR SIMPLY, YOU LOST 88% off your investment in ONE year at a rate of -88% ÷ 16 months = -5.5% loss Per Month
It bears repeating that in 8 years, investors lost -99.6%
-99.6% ÷ 8 years = -12.45% per year loss
Comment by
Here4thekeks on Oct 03, 2022 3:06pm
Updating to today's price move, number is adjusted: Correction: Price per share (today) should be $0.15 and not $0.16 (I averaged $0.14 and $0.16). The remaining calculation is correct