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Re: PennyWorld post# 9321

Thursday, 07/05/2018 10:12:26 AM

Thursday, July 05, 2018 10:12:26 AM

Post# of 52224
The PPS projection is with the reverse split adjusted. That's why when you look at charts from Amazon and other companies who do very well, it looks like they started as penny stocks.

The under 1 penny is reverse split adjusted, meaning that let's say it gets to 0.008, and HMNY does a 1 for 250 reverse split, the PPS Then jumps to $2.

It doesn't matter what the "current" PPS is. It just matters how much value shareholders have lost. That's why DCTH victims saw $100K with 500K shares drop to a few dollars with 3 shares left. Zero is still Zero no matter how many times you cut it up into fractions.