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BIELoney

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BIELoney

Re: jeffny01 post# 63939

Tuesday, 11/24/2015 4:14:38 PM

Tuesday, November 24, 2015 4:14:38 PM

Post# of 329222
Don't think so. Let's say you own 500,000 shares worth $500. A 1:1000 rs leaves you with 500 shares, but the shares are worth $1 each or $500 just as before. The difference is if you were hoping to make $500,000 out of your $500 the stock now has to go to $1000 per share. Not so likely, even for Biel??
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