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oscarweewee

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oscarweewee

Re: M-invest post# 3864

Monday, 11/02/2015 11:58:59 AM

Monday, November 02, 2015 11:58:59 AM

Post# of 6287
The stock was trading for a penny when news comes out that the company has aquired another with revenues and a bright future. The stock falls to half a cent probably because of the mention of a reverse split. Does that mean if the 1 for 100 split wasn't mentioned the stock would be trading at a 100 times its current price? It makes sense doesn't it?
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  • 1M
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  • 6M
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