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Re: LemonJohn post# 13080

Wednesday, 06/25/2014 6:32:11 PM

Wednesday, June 25, 2014 6:32:11 PM

Post# of 25245
So you still haven't consulted google, YouTube or investopedia to get a complete understanding of how a RS works?

1) your shares are reduced by a certain amount.. 1:10, 1:100, 1:1000.. This means you get 1 share for every 10--100--1,000 respectively that you previously owned. So: if you own--- 2,000,000/10=200,000
2,000,000/100=20,000 and 2,000,000/1,000=2,000

2) whatever number your shares are reduced by is the same number that the SHARE PRICE is multiplied by...
.0001x10=.001
.0001x100=.01
.0001x1,000=.10
This is done to raise the share price, primarily to allow the company to trade on a higher exchange and to abide by guidelines in place.

3) new base price is established.. And your shares are still worth your same initial investment. Hence: $200/.0001=2,000,000 shares (INITIAL)
$200/.1=2,000 shares (1:1000 SPLIT ADJUSTED)

Now that I just spelled it out for you, please, go do your homework and don't keep asking the same questions day after day when you have time to learn this stuff on your own. Most of all, people will not respect your opinions and find them to be comprised of thoughts from other posts you've read when you clearly demonstrate that you don't even understand the main issue/event we are waiting on here. Grasp the material and understand it before trying to sound as if you actually do on the boards just to engage yourself in the conversation. This is the reason why I created an account and barely ever posted for my first 3 months.

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