Mr Cooper Group Inc (COOP)

[blissedout]

I highly doubt there will be as much as a 1-20. That's for companies that are bleeding money and have no hope of survival. A death spiral.

WMIH is not in a death spiral. There may be a temporary shake with downward price movement. But once the dust settles we'll still be fine even with R/S.

So they end up doing a 1-20. Your 1000 shares worth 1.40 each are now 50 shares @ $28.00 each.

You still have $1400 either way.

Only reason I see for R/S is they want to uplist quickly so major players can buy in, not death-spiral smoke and mirrors.

But yes, healthy price fluctuations can be on the horizon with uncertainty and fear. Those are great times to buy, not sell.