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Re: RIcocando post# 80847

Tuesday, 07/24/2018 6:57:39 PM

Tuesday, July 24, 2018 6:57:39 PM

Post# of 81315
I can explain. The stock didn't gain $5.05 it actually lost like $15. After the split of 1k/1 the price went from. 02c to $20 and today it lost $15 out of that $20 to make it $5. The reason the price was at. 02c is because the last trade of 100 shares happened at that price (before the split). In penny stocks the last price shown will be the last trade of 100 shares or more not the split price. So for the last month's (since the split) the actual price of the stock was $19.80 not. 02c and today it fell to $5 because of the 300 shares sold.