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Friday, October 12, 2018 3:02:25 PM
Two mathematical calculations:
EXAMPLE 1:
1. suppose you bought 100,000 WAMUQ shares at 0.05 for $5000
2. conversion rate WAMUQ --->WMIH 1:29, WE GOT 3448 WMIH shares
3. After reverse split WMIH ----> COOP 12:1 we have 287 COOP shares
in 4-6 weeks we will be down to $3.5 and our initial investment worth $1004
Summary: A $5000 investment dwindled to 1000, 80% loss after 8 years
EXAMPLE 2:
We bought 1000 WMIH share for $1.5 total $1500
Now we have 1000/12=83.3 COOP shares.
In 4-6 weeks we are back to $3.5. Our investment dwindled to $292, about 80% decline.
My predictions are based on the majority of reverse splits whereby the price crashes after the split by at least 80% within few weeks. This is not an estimate this is reality! don't be misled, most of our initial investment will lose at least 80% of its initial value after years of waiting and hoping all in vain!
Now calculate what you could have earned for example if you invested in AAPL 8 years ago!!! (Just one example out of many).
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