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Re: jedjr44 post# 89701

Saturday, 01/10/2015 11:27:18 AM

Saturday, January 10, 2015 11:27:18 AM

Post# of 130146
Apparently you are not familiar with common core math. It does not show or require all the steps. Sorry if there seemed to be trickeration, after all this is just weekend fun.
Using NBRI as the example: The questions is....what will new trading share price be? The answer is .02 given the closing prices published by Schwab, Scottrade, TDA and IB .
Clue...the new number of O/S may be needed or not. Then there are other factors like market cap, size of reverse split etc which depending on the route chosen may or may not be useful.
I guess the real trickeration comes from the fact that while a R/S is a quotient (dividend problem) type action the answer to the question actually requires multiplication in my example. .0001X200=.02.
Hope that straightened it all out for ya.
Have a great weekend.