InvestorsHub Logo
Followers 17
Posts 1798
Boards Moderated 0
Alias Born 10/11/2007

Re: IPO$ post# 5206

Friday, 09/28/2018 10:08:33 AM

Friday, September 28, 2018 10:08:33 AM

Post# of 6123
He’s speaking to the Reverse split that was done a few years back to uplist.

His reference to getting half way to even is historical. Prior to the merger and dilution, some people got into JCOF which was the predecessor coffee company prior to the merger as well. It was touted. It Ran/pumped from .15 to nearly $2-$3 a share, if I remember correctly. This was at a substantially lower float so it was volatile and heavily manipulated on the OTC. . Some people got caught on the high side and have been holding the bag for for nearly 6-7 years. The merger and dilution shortly thereafter caused heavy pain to bag holders. YGYI was decimated up until this recent CBD fueled run. This current run may be allowing or giving opportunity for those bag holders to get out near whole or even with a profit, which for a long period of time, seemed highly unlikely.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.