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Monday, January 07, 2019 11:14:50 AM
When a stock undergoes a reverse split there is an additional fee of $20.00 assessed, labeled as a "reorganization fee"Its a broker fee, not something charged by the reorganizing company. E*Trade charge $20, TD Ameritrade charge $38. Ask your broker.
So if the pre-R/S price is .0001 and your holdings on a couple htou investment have dwindled to $100, you may end up with almost half that being taken away in additional fees and commissions.
Final F-U to bagholders from the DIS-"Hon. Lord Adm." Tommy Boy.
Sorry but this is unrealistically optimistic:
it really can only get better from here, how much more do we really have to lose?
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