Zhong Nong Yuan Fang Holdings Inc (ANAS)

[in4tehride]

Typically when things reverse split they don't end up holding the value though, thus if you had 1M @.0003 and it did a 100:1 split leaving you with 10,000 shares the chances the stock actually holds .03 are pretty slim so contrary to thinking you only have 66% loss exposure if your 1M dropped to .0001 you now could see your 10,000 shares drop down in this range delivering high 90s% losses.

This stock has done nothing be decline over the long term, what may seem like a holding price now could free fall quite easily (as noted lots of bag holders bought at 10x the current price, first .0040s held, then .0030s, then .002s, etc.).

This stock is anything but low risk.