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If the split is approved it will open

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tdbowieknife Member Level  Saturday, 01/12/19 09:49:50 AM
Re: Gangelo post# 45923
Post # of 47435 
If the split is approved it will open at 9000 times the last trade the day before. There is no guarantee it will stay at that PPS for long, and in the case of penny stocks like WDBG, never do.

Lets say the last trade is .0005. That would mean it opens at $4.50. You of course would have a lot less shares, divided by 9000. The opening value for the position would be the same.


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