InvestorsHub Logo
Followers 11
Posts 1640
Boards Moderated 0
Alias Born 10/06/2009

Re: None

Wednesday, 02/07/2018 11:38:23 AM

Wednesday, February 07, 2018 11:38:23 AM

Post# of 112494
Basic trading question.... I have never been through a reverse stock split ....

"IF" theoretically we are sitting at 10 cents and I have a sell order setup and sitting out there for my 10 shares at $1 = $10 proceeds , Franjose then announces a 10:1 stock split so now I only have only 1 share but its valued at $1 would my sell execute automatically at $1 for the one share ?

Recall the original sell order is based on me having the 10 shares I started with but now I only have 1 share due to the split but it hit the $1 target price........

An amateur investor. Hope everybody makes money here !

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SANP News