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Saturday, May 07, 2016 5:11:27 PM
When you get your 10,000 shares erased with a 1 for 10 split the stock will need to move 10 times further north to get the same gains that you did before the split.
10,000 shares with the stock at .45 cents up a penny you get $100.
1,000 shares with the stock at .45 cents you need to move to .55 cents to get a $100.
If that kind of growth is happening........no problem! But typically the stock falls in value and the growth stays the same.
Just translate the numbers...smoke and mirrors? Maybe.. but I have sat through a couple and got my a$$ handed to me.
100,000 shares and the stock moves up one penny = $1000 gain
10,000 shares and the stock moves up one penny = $100 gain
1,000 shares and the stock moves up one penny = $10 gain
100 shares and the stock moves up one penny = $1 gain
Best
CH
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