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S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,204.40
(
-0.05%
)
Dow Jones
39,127.80
(
0.04%
)
Brent Oil
84.78
(
0.37%
)
Bitcoin
61,089.85
(
0.46%
)
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stockinvestor56

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stockinvestor56

Re: None

Monday, 08/29/2016 8:35:17 AM

Monday, August 29, 2016 8:35:17 AM

Post# of 20617
A R/S is not all that bad. The value of your holding remains the same.

Ex: 10:1 R/S:
10,000 shares @ 0.30 = $3,000
1,0000 shares @ 3.00 = $3,000

Look at AVXL. They did a R/S early 2016 (I believe)and went from around $4 to $14 before the air out of the balloon leaked. More to do with their science though. Innovus has products generating millions in revs. Diff story!

A R/S will get us access to institutions and much less share dickering around like we're experiencing now.
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