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Re: BluePuppet post# 102516

Wednesday, 03/06/2019 1:38:53 PM

Wednesday, March 06, 2019 1:38:53 PM

Post# of 115080
$COHO is being R/S in a way that preserves market trading liquidity post-split.

With a 1:10 R/S $COHO at $0.0001 pre-split is equivalent to $0.0010 post-split.

As you saw yesterday, the news of a R/S caused a huge share price decline for $COHO as shareholders dumped in anticipation of the event. $COHO should decline below $0.0001 on the actual event (when shareholders see $COHOD and the reduction in shares in their accounts).

A 1:10 R/S is recoverable, but that doesn't mean buying it right now is necessarily attractive. Timing is everything, and pre-R/S buying isn't optimal timing.

The paradox of iHub: buy high, sell low

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