InvestorsHub Logo
Followers 2
Posts 308
Boards Moderated 0
Alias Born 04/20/2017

Re: tapioca post# 17409

Wednesday, 06/13/2018 8:26:17 PM

Wednesday, June 13, 2018 8:26:17 PM

Post# of 23245
I had a limit buy in at 0.01 right after the split, nothing got executed. Brought it up to 0.06 limit for 50k shares on Monday and 5040 shares got purchased, that was the entire trading volume in the stock for that day. I have 44960 left on that limit buy at 0.06 and nothing has executed since the 5040 on Monday. Looks like buying cheap after the reverse split hasn't panned out. Seems like you'll still have to pay 20 cents, or 0.0002 pre-split price like it was for a month or more. Maybe more than 20 cents. Sprovieri said he wanted to have a wider bid/ask split to limit the flipping, so maybe the ask will stay higher than 20 cents, assuming he has some say in the market making.