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Alias Born | 02/25/2013 |
Saturday, January 17, 2015 7:40:44 PM
If you have a million shares and the stock price goes up one penny you make $10,000 per penny it goes up
After the reverse split let's say you have 10,000 shares now for every penny it goes up you only make $100 per penny
Then I replied,
Your math is ok but, do the math also on after the R/S. 1,000,000 shs /40=25,000 shs... Now the R/S 40-1 is complete you end up with 25,000 shrs X $1.00 =$25.000 gain. That is far better then playing with pennies. Your math before the split was only $10.000 compared after the split was $25.000. We all want to R/S then go to big boards. Anyone agree???
I would much rather be on the big boards in $DOLLAR LAND$ then stay in the OTC in PENNY LAND
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