Sunday, January 11, 2015 1:38:32 PM
NOW, if we have a reverse spit of say 10 to 1, you will now have 50,000 shares at a value of $1.00, thus you still have your $50,000 value.
Now the trickey part. Were as before you needed a $2.00 PPS to reach a million dollars, now you will need a PPS OF $20.00 TO GET THERE!!!
Which number do you think is more realistic???? $2.00 PPS or $20.00 PPS??????
John Maynard Keynes1883-1946
Invest, don't speculate! "Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market."
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