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Re: simon wagstaff post# 10546

Tuesday, 06/06/2017 11:53:37 AM

Tuesday, June 06, 2017 11:53:37 AM

Post# of 18649
57 for one R/S does not sound correct or make any sense. There is absolutely no advantage to making this a .75 stock if indeed it was 57 for one. My guess is that it is 300 for one, making the stock about a $5 TEMPORARILY and your position 99% less than it was the day prior. Remember after last split, stock was very hard, if not impossible to trade at $6 after split, could not trade until after it dropped to about $4 per share - EITHER WAY it does not matter, within just a few months of split, this stock will be back to pennies.

This is (both) their company - no product - they just line their pockets through reverse splits, paid advertising, pump and dumps, issue themselves more shares, issue others shares and make themselves, friends, family and girlfriends rich ON YOUR DOLLAR!

Same story over and over again here. Nothing to see - but interesting to watch and learn what not to do when investing in the pennies. You need to learn the bad with the good.

Posted in my opinion only -
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