APHD...0002...1/100 Reverse Split was announced...I am buying all I can in this range and will sit through the split...I am also loading LEXG on the 1/200 split...
I have done very well with splits 1/100 and lower...Not many like to stay through splits and I understand that but here is a list of the splits I stayed with and how they have performed...I am basing the shares on a minimal number and some may have a considerable amount more shares and made out very well on the splits but for the purpose of example I am minimizing the share total...
Remember that the split number was the number at the day before the split but I owned all these tickers at lower cost basis then I am showing as the example and owned many more shares then I am showing so my personal numbers are much higher...
EARI...1/20 Reverse Split...007 was the split number...on a Million shares the cost was $7000...It stayed at .90 range and is now at .57...I sold out of this position...
1,000,000 shares at 007 = $7000...
50,000 shares at .90 = $45,000 and at todays pps...50,000 at .57 = $28,500
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EXOL which is now SNPW...1/50 Reverse Split....005 was the split number...This hit a high of .41 and is now sitting at .35...I am looking for $1 plus on this ticker...
1,000,000 shares at .005 = $5000...
20,000 shares at .35 = $7000...
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RMGX which is now ECDD...1/70 Reverse Split...007 was the split number...ECDD hit a high of .99 and is now sitting at .49...I am looking for many dollars on ECDD...
1,000,000 shares at 007 = $7000...
14,385 shares at .99 = $14,241...
14,385 shares at .49 = $7,048...
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CHFS...1/20 Reverse Split....82 was the split number...
10,000 shares at .82 = $8200...
500 shares at $24 = $12,000 This was the high and I did sell out of this position on the run up to $24...all above the $20 range and I did buy back and trade it...
500 shares at $10 = $5000 is where it sits today...
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Based on these splits that I sat through I am a buyer of APHD and did buy on Friday before the split was announced...I will be a big buyer on Monday....