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Post# of 87250
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Joseph Knecht

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Joseph Knecht

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Re: Bruinfan4ever post# 55427

Monday, 03/23/2015 12:36:15 PM

Monday, March 23, 2015 12:36:15 PM

Post# of 87250
A reverse split doesn't firmly set the price at which the new symbol will initially trade. Today's close will be price adjusted (multiplied by 15), but that doesn't insure that it will open at that adjusted price. It will likely be close to that price, but it's by no means mandatory.
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