InvestorsHub Logo
Followers 5
Posts 301
Boards Moderated 0
Alias Born 01/19/2017

Re: Wallstreetwarriors post# 29007

Monday, 02/06/2017 8:19:25 PM

Monday, February 06, 2017 8:19:25 PM

Post# of 32544
Except it never increases the value of the shares, because they always follow up reverse-splits with massive dilution. Last time they tried the reverse, no one bit and the stocked tanked on the news, and continued to tank after the split.

Shortly after this 50-1 reverse-split, the stock PPS was LOWER than before split.

They just increased the AS from 9 to 20 billion. Do the math.

Join the InvestorsHub Community

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.