Meaning, $3.00 / (15:1) = $0.2/PPS = the Pre-R/S equivalent!
Therefore, if the current PPS was trading at $3.00, then "Everyone" who've loaded ECIG shares at or below 0.2/PPS in the Pre-R/S, would be green or have broken even!, ergo, Recovered their recent losses in the post R/S. (wink!)
However, as at the moment of this post, the current post-R/S PPS is trading around $1.50/PPS.
thus, $1.50 / (15:1) = $0.1/PPS = the Pre-R/S equivalent!
So, anyone who've opened their ECIG position at or below $0.1/PPS in the Pre-R/S, is currently Green or have since broken even!
Everyone else as of the above test, (wink!), is still in the RED!
In understanding the Risks!, I don’t mind losing in stocks that died TRYING, but I DO mind losing in stocks that died LYING!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.