And...let's say it is 200 to 1...if someone bought 50000 shares at .50 each...and the split happens...that would give them 250 new shares...which would have to be worth $200 bucks a share to just stay even...we all know that's not going to happen...thus...the current stock holder takes a bath from hell?
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.