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Re: nagoya1 post# 623338

Wednesday, 07/29/2020 4:43:09 PM

Wednesday, July 29, 2020 4:43:09 PM

Post# of 794597
Why is a Reverse-Split so scary for FNMA?

A Reverse Split doesn't change anything other than the price and outstanding shares.

If you say FNMA is worth $60 now, then it's worth $600 after a 1:10 Reverse Split.

Why's that malarkey?