Incorrect. You can hold the stock forever, never sell, and you will have lost all the money you put into it when it goes through reverse splits, more increases in AS, and the value of the stock depreciates to a level that your shares are worth 1/100th of the cost you paid for them originally.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.