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Re: myjo post# 1056

Friday, 03/16/2018 12:13:53 PM

Friday, March 16, 2018 12:13:53 PM

Post# of 1655
It was never at those prices. They just had a 1:20 reverse split 10/13/17. That means every historical price is artificially showing 20x higher than what it actually was on that day.

They also had a 1:30 reverse split on 1/13/17. So historical prices are further artificially showing 30x higher than the 20x price.

Actual price on 3/1/12 would have been $13.74.

Not that any of that matters because with 2 reverse splits and following dilution, the share structure from 2012 to now is completely different.

A share price of $13,740 with today’s share structure would value CHFS at $24 Billion.

Like I said, anything pre-reverse split is an imaginary number. Anyone who quotes it doesn’t understand the first thing about trading and should quit immediately.