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Re: YanksGhost post# 338

Wednesday, 06/10/2020 1:13:04 PM

Wednesday, June 10, 2020 1:13:04 PM

Post# of 353
A bit DUMB. Reverse splits do not ADD value my friend. Or regular splits. NOTHING changes with any kind of SPLIT, but the shares owned and the price but the VALUE ALWAYS REMAINS THE SAME. You should KNOW that. I GAINED $11,000 with NOTHING to do with a reverse split, but because the VALUE went up. Why don't you just google splits?
HERE I did it for YOU: "A stock split is used primarily by companies that have seen their share prices increase substantially and although the number of outstanding shares increases and price per share decreases, the market capitalization (and the value of the company) does not change."
THE PRICE CHANGES with any kind of SPLIT but NEVER the VALUE.
READ this and EDUCATE yourself and LEARN.
https://www.investopedia.com/ask/answers/what-stock-split-why-do-stocks-split/
How old are you?
I am not trying to be MEAN.
I didn't call YOU DUMB, I only meant that your comment was DUMB.
So TRY to LEARN and then comment with something SMARTER.
PLEASE
And GOOD luck.
smile

Rayank