Post by
slowandeasy on Dec 28, 2020 2:16pm
Learning lesson
16:1 reverse split on one of my stocks today. Should have sold and bought back. Now I can't trade my other stocks because the stock is jumping on the Nasdaq with the split and shows %100 loss till the change over. Still trying to make sense of it. I wanted to move some stock around today too. A bit of money to be made with the Dow jumping up like it did. Well at least NXO went up a bit although it's just following the overall market. Better then diving. Seems like people are hanging on to their shares for the most part.
Comment by
mississauga1 on Dec 28, 2020 5:46pm
16 to 1 reverse split ! Ouchhh , what is the ticker ?
Comment by
slowandeasy on Dec 29, 2020 8:02am
mississauga1- Ya, " friggin A"! I will make money for sure but not what I could have made. KMPH. And of course I will have to hang on to the shares longer. I am not a day trader but my New Year is to practice turning over money, keep it moving and growing. Must say though what a great learning lesson. I will be prepared for the next reverse split and how to use it for my benefit.