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Re: Commons_Cancelled post# 623350

Wednesday, 07/29/2020 5:16:07 PM

Wednesday, July 29, 2020 5:16:07 PM

Post# of 797232
Here is my experience with R/S

I was involved with the R/S at CITI. It
was a 10 to 1 split. Sure the price went from
approx 4 dollars to 40 dollars.

Then the same day investors sold the stock
like there was no tomorrow. It took a long
time many many months for the PPS to
recover.

Besides that major drawback the GOVT is
not going to want a R/S either. It’s a dead
subject not gonna happen.