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dudeness

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dudeness

Re: Ladnier post# 42957

Wednesday, 03/04/2015 7:42:55 AM

Wednesday, March 04, 2015 7:42:55 AM

Post# of 87250
RS is reverse split. If for example the stock is trading at .20 and the board decides on a 10 to 1 RS and you own 100,000 shares. Then on March 10th the RS gets voted in. The earliest the RS can be voted in by the board is March 30th. So you wake up on March 30th (or later in the year) and the stock is at $2.00 and you now have 10,000 shares in your account. The value of your portfolio is still the same. On March 31st the Q4 numbers come out and blew us out of the water. Then the stock will rise and trend towards its proper market cap. IMO ECIG
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