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Re: DatMoshu post# 117767

Friday, 02/01/2019 7:16:15 PM

Friday, February 01, 2019 7:16:15 PM

Post# of 181843
I buy into and hold through many Reverse Splits and have had great success in doing so...There are some that are profitable and some that are not but I minimize that risk with the following focus...I stay and buy into most that are in the 1/100 and lower range...My thinking is that any company that does Reverse Splits in that range is doing so to better the value of that business as opposed to those that do 1000/1 splits that are doing so to sell paper and have no intentions to better the business...

If RDGL wanted to hurt the company and hurt their shareholders at the same time you would see a 500/1 Reverse Split not an 8/1...imo...

EARI a ticker that I held in 2017 at .0007 cost had a 1/20 Reverse Split on 8-23-17 at .0058 pre split and .35 post split...it went to .90 and trades today at .30...

If a trader had 1,000,000 share at .0058= $5800 cost...

Post split you have 50,000 shares at .35= $17,500...

Profit here is $11,700 per Million...

This is a very healthy profit assuming a cost of .0058 per share post split but many like myself owned shares at .0007 into the Reverse Split and owned many more then 1 Million shares...

INTV a ticker I held in 2017 at .002 range cost had a 1/50 Reverse Split on 9-21-17 at .0009 pre split and .10 post split...it ran to $7...


Just 2 of the better ones...there are some losers as well but overall one can do well...I hope this was helpful...I will be adding RDGL all the way into the split...

I smell sex and candy here
Who's that lounging in my chair
Who's that casting devious stares
In my direction

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