Tuesday, September 25, 2018 2:50:54 PM
.0001 is not the bottom when a R/S is in play.
Example - Buy $1,000 at .0001 = 10 million shares.
1 -500 R/S on 10 million share = 20,000 shares remaining.
20,000 @ .0005 (estimated share price after 2.9 billion sold off) = $10.00
Then there is still the risk of a 1-10,000 reverse split. That would leave you with 2 shares of your original 10 million. Meaning the end of the rainbow stock price would need to be $500 in order for you to break even on your purchase.
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