Post by
smithgee on Feb 21, 2018 7:55pm
Why the split is good!
Some here are of the thinking all things will be equal .... here is one example:
I have 200K shares and the price is trading at say $.10 when the split happens.
I will have 400K shares trading at $.05. If the price moves up to $.06 that is a 20% gain or $4000. If the split did not happen and the price moves to $.11 that is a 10% gain or $2000.
Each penny move higher will double my gain!
Comment by
Brootal on Feb 21, 2018 8:52pm
yes but that penny costs twice as many shares as before. your math sucks dude
Comment by
KushMan on Feb 21, 2018 8:57pm
This post has been removed in accordance with Community Policy
Comment by
Diomio on Feb 21, 2018 10:05pm
Kush this guy is painful to listen to. Wow
Comment by
divot111 on Feb 22, 2018 4:15am
And the share price will be cut in half. Zero gain bud.
Comment by
smithgee on Feb 21, 2018 9:45pm
A penny is still a penny when new buyers show up ... more to math than just numberes dude.
Comment by
divot111 on Feb 22, 2018 4:12am
And what will every penny move lower cost you? Must have a two headed coin.