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So your just upset that u lost money... Happens to all of us, no need to hate tho
It will be in same price range as today
People can buy tomorrow
The news this morning says it will be a 1-15 split. So there is going to be a reverse split. Not sure your question lol
Isn't that what the news states?
Then short the stock bro
Doesn't matter how cheap you get in if you lose shares. Your account will still be the same
Maybe for them, but not me. Price will be higher, but my shares go away. So in the end, I'm not really gaining anything. Like the risk vs. reward is. I good. This can tank, and I lose money, or this goes up in price and I lose shares so my account stays the same. And now I need the stock to move .10 to make the same money when I need it to move .05 at these levels
I finally just realized that even if this when to $1+, I'll have less shares lol. So it's not like my 40k shares are for $40k. So I'd rather have this stock trade at these lower levels for better flipping opportunity.
In at .116, let's see what the eff happens
Is 1-15 good?
Where is the news? Haven't seen it anywhere
Thought you sold? Then were waiting for bottom?
Right, but look at fnma.. Def not an OTC stock either, but nothing happens. Have you really seen a company go to these kind of lows and actually up list off the OTC market and have a greater then $1.00+ pps and maintain it??
Ok thanks for responding. Have a good night
So why do people think a reverse split is bad then
Ok. So from what I have seen in other stocks, a then public offering kills the pps for some time, which wouldn't be good. Correct?
In a reverse split, who eats up the shares? Like if there is 200 mil outstanding and they do a 1-10 split, that means it would reduce it to 20 mil. So where do the others go?
If it's dead, why would you get back in at .01? Consistently make bad decisions, or just sometimes?
So you re entered, correct?
Lack of movement shows me that this thing will explode in either direction. People waiting for news
Yea clrx dropped a ton and twice in like a week when they announced a public offering twice
Is a reverse split kinda like a public offering?
What price are you in ar
What's considered a discount? People should care about the price of a stock, but what percent they will make on their money. So if a coue penny's is a discount, you cap this stock at like .20 or what?
I'm still not sure who you are referring to..
Trust management to do what? I read on investopedia, that a reverse stock spilt will lower the outstanding shares and will raise the price. Google it real qucik cause they gave an example. For some reason I can't post the link on here
I have etrade now and do exactly that. But at some point, I'd like to make this my job when I have the money I need to make it happen. Question tho.. A reverse split will lower the amount of outstanding shares and then that will cause the stock to rise automatically? Not sure I really understand what's going on here.
The king?
Just by me reading the title, kinda got me depressed. I feel like all this work trying to get them up listed and back to the shareholders, just got thrown out the window. But that's just my opinion, I really have no idea what that article will do to the market. I just wonder if people will just say screw it and give up on Fannie and Freddie.
Yea I'm just saving and learning now till I can get an actual day trading account. It's just hard to learn by waxhing the charts when I can't watch it while they are open. But, it's just gunna take me some time. I'll never risk any money that's not mine tho, def don't want a margin call
I wish I had the option to short
Dang, there goes anything positive here for a while
I wish I had the option to short any stocks, but I don't have that option. I was looking through my post to find who answered a question with BK, but it must have been a PM and I delete those. Plus I just have the free account on here
That's why they got to this level with their balance sheets not being correct and jacked up
They were about to go bankrupt. That's why it got to this level.
Well yea I like to follow the stocks that have the volatility. But once it dies off, I follow the big boys. It's very tough trading just from my iPhone tho, cause I have to work my real job. So playing this one can be tricky when I need to be paying attention to it more often then I can
There are real no facts when it comes to these stocks. Pure speculation
Right on. I'll be watching closely
Yea it should. Another stock I was watching sold shares like this at a certain price, but the next day it dropped like 60%. I was very confused