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Re: snakess post# 7998

Thursday, 11/02/2017 5:00:43 PM

Thursday, November 02, 2017 5:00:43 PM

Post# of 37067
snakess, how long you been trading stocks?

A year? An experienced trader doesn't buy reverse split stocks.

Right after a split, the bid and ask price has a wide spread. i.e., who is going to buy a stock at .10 when the bid is .05?

Also, an investor's shares are reduced and the share price has to rise substantially to equal the original investment.

I've owned many such stocks and have never seen a profit from any of them.

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