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Re: lowtrade post# 60100

Tuesday, 07/24/2018 6:31:52 PM

Tuesday, July 24, 2018 6:31:52 PM

Post# of 172158
Not withstanding necessity…

You own 10k shares @ .10 = $1,000
There is a 10 for 1 split;
You own 1k shares @ $1 = $1,000

But what usually happens in Pennies:

1K @ $1 - (fear, lack of understanding, shortsightedness, etc) = $.85 after-split.

My second observation: For you to make the same % gain after the split the tick must be 10 times the previous amount. E.g., $0.10 tick equals prior $.01 tick. I've never heard this argued in the world of Pinks. Of the two I stated, this is the bigger concern.

Reiterating: Notwithstanding necessity.

-LT

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