Monday, March 26, 2018 6:57:56 PM
A reverse split isn’t the worst thing unless institutions dump. If they accumulate more after then the pps should stay relatively the same, don’t tell me other wise cause I see what your saying. Some stock have drastically plummeted after a r/s but others have flourished. So it’s all going to come down to what you wanna do before and after the split.
Say you buy 100000 for 30$ and a 1/100 split happenes, when. You would have 100 shares at .30 cents. Or 30$, you buy more the pps goes back up. You dump those 100 the pps goes down, because they are split shares.
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