I know I always want to be
the first BUY out of a reverse split. Everybody knows that gets you in on the ground floor and all of the bad news is already out. Right? They already reverse split....how much worse can it get?
My guess, the buyer and the seller know each other.
If you remember back a while, Tom was pointing out that 2 cents would be the post reverse split stock price. Smart guy eh?
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,