So, 1 million shares becomes just 10,000 shares after split. If it goes up a penny, then you make: $100 versus $10,000 if not split.. Thats why R/S suck not to mention most go down after R/S due to dilution.( penny stock ceo has a new credit card with many millions new limit and doesnt have to pay for it)
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.