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Re: I-Glow post# 82982

Wednesday, 10/23/2019 4:28:12 PM

Wednesday, October 23, 2019 4:28:12 PM

Post# of 86313
I-Glow is correct, post reverse split, LIBE will drop like a stone, 20-30% or more and stay there weeks, months, or permanently. This is not an IPO, don't treat it like one, the pump is over. Filings will only trick yourself into hoping. DD time is over, work the trade, find the next one.

The only safeguard now is to lower your cost basis down to 0001 without spending any more money, before the split, but for high holders, doing that should have been started already when LIBE was at 0004 or more. Once the share price falls below half your cost basis, it's damage control, getting your cost basis down to 0001 or out even on the split is next to impossible.

Riding the split at all 0001's is safe, if you sell at the open on Day 1 of split. Hold for the day "to wait and see" or holding long will be fatal. Thumbs up, I-Glow, kudos for a little truth.

Happy trading!

-Oracle
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