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Re: AngryElf36 post# 2762

Thursday, 07/06/2017 3:21:15 PM

Thursday, July 06, 2017 3:21:15 PM

Post# of 3447
There will be 15 times less issued shares. It doesn't change the total value of anything, but the stock price will be 15 times higher and the shares you hold will be divided by 15. It means there are less shares to trade which often results in rapid price movement. The higher share price also can attract investors that would typically ignore a 2 cent stock.

It isn't necessarily a good or bad thing, but should spice things up a bit.

http://www.investopedia.com/terms/r/reversesplit.asp

Farm the turd, beat the herd.

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